Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $79,900
    0% ( $0 ) vs Mar 2014
  • Median Sales Price
    $55,600
    3% ( $1,757 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $45,540
    4% ( $1,590 ) vs Mar 2014
  • Foreclosures 1,056
    Homes for Sale 741
    Recently Sold 1,051

Market Summary

There are currently 1,056 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 741.

In April, the number of properties that received a foreclosure filing in Rockford, IL was 32% lower than the previous month and 8% lower than the same time last year.

Home sales for March 2015 were down 94% compared with the previous month, and down 95% compared with a year ago. The median sales price of a non-distressed home was $55,600. The median sales price of a foreclosure home was $45,540, or 18% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$45,540 (Median Foreclosure Sales Price) $43,950 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $42,000 (Median Foreclosure Sales Price) $37,450 (Median Foreclosure Sales Price) $35,050 (Median Foreclosure Sales Price) $55,600 (Median Sales Price) $57,357 (Median Sales Price) $62,100 (Median Sales Price) $68,550 (Median Sales Price) $69,900 (Median Sales Price) $70,000 (Median Sales Price) $45,540 (Median Foreclosure Sales Price) $43,950 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $42,000 (Median Foreclosure Sales Price) $37,450 (Median Foreclosure Sales Price) $35,050 (Median Foreclosure Sales Price) $55,600 (Median Sales Price) $57,357 (Median Sales Price) $62,100 (Median Sales Price) $68,550 (Median Sales Price) $69,900 (Median Sales Price) $70,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Machesney Park
19
20.8
% (y-o-y)
$80,000
0.8
% (y-o-y)
58.9%
45.3
% (y-o-y)
Loves Park
10
80.4
% (y-o-y)
$65,000
12.2
% (y-o-y)
Data not available
Roscoe
6
70.0
% (y-o-y)
$147,500
0.5
% (y-o-y)
59.3%
31.9
% (y-o-y)
Winnebago
6
0.0
% (y-o-y)
$105,250
29.1
% (y-o-y)
Data not available
South Beloit
5
64.3
% (y-o-y)
$104,000
15.4
% (y-o-y)
Data not available
Rockton
3
93.2
% (y-o-y)
$126,900
10.0
% (y-o-y)
Data not available
Byron
3
25.0
% (y-o-y)
$143,950
16.1
% (y-o-y)
Data not available
Davis Junction
3
40.0
% (y-o-y)
$165,100
2.3
% (y-o-y)
Data not available
Belvidere
1
0.0
% (y-o-y)
Data not available
Data not available
Cherry Valley
1
75.0
% (y-o-y)
$144,000
60.0
% (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: 7.80%
Percentage of vacant homes: 12.99%