Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $75,900
    8% ( $5,900 ) vs Feb 2015
  • Median Sales Price
    $72,500
    1% ( $750 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $35,000
    0% ( $10 ) vs Feb 2015
  • Foreclosures 991
    Homes for Sale 556
    Recently Sold 1,592

Market Summary

There are currently 991 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 556.

In March, the number of properties that received a foreclosure filing in Rockford, IL was 29% higher than the previous month and 40% lower than the same time last year.

Home sales for February 2016 were up 51% compared with the previous month, and up 0% compared with a year ago. The median sales price of a non-distressed home was $72,500. The median sales price of a foreclosure home was $35,000, or 52% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$35,000 (Median Foreclosure Sales Price) $34,990 (Median Foreclosure Sales Price) $36,250 (Median Foreclosure Sales Price) $37,250 (Median Foreclosure Sales Price) $35,640 (Median Foreclosure Sales Price) $34,250 (Median Foreclosure Sales Price) $72,500 (Median Sales Price) $73,250 (Median Sales Price) $73,000 (Median Sales Price) $70,150 (Median Sales Price) $62,200 (Median Sales Price) $69,740 (Median Sales Price) $35,000 (Median Foreclosure Sales Price) $34,990 (Median Foreclosure Sales Price) $36,250 (Median Foreclosure Sales Price) $37,250 (Median Foreclosure Sales Price) $35,640 (Median Foreclosure Sales Price) $34,250 (Median Foreclosure Sales Price) $72,500 (Median Sales Price) $73,250 (Median Sales Price) $73,000 (Median Sales Price) $70,150 (Median Sales Price) $62,200 (Median Sales Price) $69,740 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Machesney Park
27
35.0
% (y-o-y)
$80,000
2.4
% (y-o-y)
37.5%
48.8
% (y-o-y)
Roscoe
24
50.0
% (y-o-y)
$173,500
9.5
% (y-o-y)
47.1%
43.2
% (y-o-y)
Loves Park
22
8.3
% (y-o-y)
$86,450
15.3
% (y-o-y)
53.8%
18.7
% (y-o-y)
Rockton
17
70.0
% (y-o-y)
$114,950
24.4
% (y-o-y)
6.4%
0.0
% (y-o-y)
South Beloit
14
12.5
% (y-o-y)
$109,000
9.0
% (y-o-y)
22.7%
0.0
% (y-o-y)
Byron
12
140.0
% (y-o-y)
$165,500
2.8
% (y-o-y)
Data not available
Cherry Valley
6
100.0
% (y-o-y)
$147,950
2.7
% (y-o-y)
36.7%
0.0
% (y-o-y)
Winnebago
6
20.0
% (y-o-y)
$144,500
13.7
% (y-o-y)
23.9%
0.0
% (y-o-y)
Kirkland
2
0.0
% (y-o-y)
$133,000
0.0
% (y-o-y)
Data not available
Stillman Valley
2
0.0
% (y-o-y)
Data not available
Data not available

Local Info For Rockford

Population:
154,517
Cost of Living Index: 90.04
Crime Index: 231.90     Rating: C- View crime details
Schools: 32    Average School Rating: D+ View individual school rating
Household Median Income: $38,573
Unemployment: 8.70%
Percentage of vacant homes: 12.99%

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