Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $75,900
    4% ( $3,000 ) vs Nov 2013
  • Median Sales Price
    $69,000
    1% ( $1,000 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $37,450
    7% ( $2,400 ) vs Nov 2013
  • Foreclosures 1,148
    Homes for Sale 523
    Recently Sold 1,832

Market Summary

There are currently 1,148 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 523.

In December, the number of properties that received a foreclosure filing in Rockford, IL was 9% lower than the previous month and 18% lower than the same time last year.

Home sales for November 2014 were down 56% compared with the previous month, and down 41% compared with a year ago. The median sales price of a non-distressed home was $69,000. The median sales price of a foreclosure home was $37,450, or 46% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$37,450 (Median Foreclosure Sales Price) $35,050 (Median Foreclosure Sales Price) $31,100 (Median Foreclosure Sales Price) $32,100 (Median Foreclosure Sales Price) $33,600 (Median Foreclosure Sales Price) $30,051 (Median Foreclosure Sales Price) $69,000 (Median Sales Price) $70,000 (Median Sales Price) $70,500 (Median Sales Price) $70,600 (Median Sales Price) $65,834 (Median Sales Price) $60,000 (Median Sales Price) $37,450 (Median Foreclosure Sales Price) $35,050 (Median Foreclosure Sales Price) $31,100 (Median Foreclosure Sales Price) $32,100 (Median Foreclosure Sales Price) $33,600 (Median Foreclosure Sales Price) $30,051 (Median Foreclosure Sales Price) $69,000 (Median Sales Price) $70,000 (Median Sales Price) $70,500 (Median Sales Price) $70,600 (Median Sales Price) $65,834 (Median Sales Price) $60,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Machesney Park
18
25.0
% (y-o-y)
$77,500
11.4
% (y-o-y)
43.2%
40.3
% (y-o-y)
Loves Park
14
33.3
% (y-o-y)
$83,000
17.0
% (y-o-y)
38.8%
44.5
% (y-o-y)
Rockton
9
47.1
% (y-o-y)
$163,950
10.4
% (y-o-y)
Data not available
Roscoe
9
66.7
% (y-o-y)
$166,000
8.5
% (y-o-y)
Data not available
South Beloit
9
30.8
% (y-o-y)
$110,500
3.9
% (y-o-y)
Data not available
Winnebago
9
0.0
% (y-o-y)
$136,250
7.6
% (y-o-y)
Data not available
Pecatonica
3
57.1
% (y-o-y)
$115,000
62.0
% (y-o-y)
Data not available
Kirkland
1
66.7
% (y-o-y)
$82,500
52.8
% (y-o-y)
Data not available

Local Info For Rockford

Population:
154,517
Cost of Living Index: 90.04
Crime Index: 201.22     Rating: C- View crime details
Schools: 32    Average School Rating: D+ View individual school rating
Household Median Income: $38,573
Unemployment: 9.40%
Percentage of vacant homes: 12.99%