Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $85,000
    2% ( $1,450 ) vs Jul 2013
  • Median Sales Price
    $65,834
    10% ( $5,834 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $33,600
    12% ( $3,549 ) vs Jul 2013
  • Foreclosures 1,285
    Homes for Sale 660
    Recently Sold 1,972

Market Summary

There are currently 1,285 properties in Rockford, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 660.

In August, the number of properties that received a foreclosure filing in Rockford, IL was 1% higher than the previous month and 1% lower than the same time last year.

Home sales for July 2014 were down 8% compared with the previous month, and down 33% compared with a year ago. The median sales price of a non-distressed home was $65,834. The median sales price of a foreclosure home was $33,600, or 49% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$33,600 (Median Foreclosure Sales Price) $30,051 (Median Foreclosure Sales Price) $29,500 (Median Foreclosure Sales Price) $27,000 (Median Foreclosure Sales Price) $29,180 (Median Foreclosure Sales Price) $31,490 (Median Foreclosure Sales Price) $65,834 (Median Sales Price) $60,000 (Median Sales Price) $63,000 (Median Sales Price) $58,000 (Median Sales Price) $56,500 (Median Sales Price) $63,000 (Median Sales Price) $33,600 (Median Foreclosure Sales Price) $30,051 (Median Foreclosure Sales Price) $29,500 (Median Foreclosure Sales Price) $27,000 (Median Foreclosure Sales Price) $29,180 (Median Foreclosure Sales Price) $31,490 (Median Foreclosure Sales Price) $65,834 (Median Sales Price) $60,000 (Median Sales Price) $63,000 (Median Sales Price) $58,000 (Median Sales Price) $56,500 (Median Sales Price) $63,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Loves Park
26
54.4
% (y-o-y)
$95,000
13.8
% (y-o-y)
49.5%
30.0
% (y-o-y)
Machesney Park
21
63.2
% (y-o-y)
$95,000
9.5
% (y-o-y)
32.1%
41.9
% (y-o-y)
Roscoe
21
47.5
% (y-o-y)
$151,700
0.2
% (y-o-y)
Data not available
South Beloit
15
42.3
% (y-o-y)
$106,000
7.4
% (y-o-y)
21.2%
13.7
% (y-o-y)
Winnebago
12
20.0
% (y-o-y)
$133,950
12.5
% (y-o-y)
Data not available
Pecatonica
7
22.2
% (y-o-y)
$112,000
21.4
% (y-o-y)
Data not available
Rockton
5
64.3
% (y-o-y)
$122,000
19.7
% (y-o-y)
Data not available
Kirkland
4
0.0
% (y-o-y)
Data not available
Data not available
Cherry Valley
3
66.7
% (y-o-y)
$145,000
20.0
% (y-o-y)
Data not available
Caledonia
2
71.4
% (y-o-y)
Data not available
Data not available

Local Info For Rockford

Population:
154,517
Cost of Living Index: 90.04
Crime Index: 204.86     Rating: C- View crime details
Schools: 32    Average School Rating: D+ View individual school rating
Household Median Income: $38,573
Unemployment: 11.00%
Percentage of vacant homes: 12.99%