Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $79,900
    0% ( $0 ) vs Apr 2014
  • Median Sales Price
    $64,000
    15% ( $8,400 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $41,000
    10% ( $4,540 ) vs Apr 2014
  • Foreclosures 966
    Homes for Sale 791
    Recently Sold 848

Market Summary

There are currently 966 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 791.

In May, the number of properties that received a foreclosure filing in Rockford, IL was 34% lower than the previous month and 35% lower than the same time last year.

Home sales for April 2015 were up 557% compared with the previous month, and down 76% compared with a year ago. The median sales price of a non-distressed home was $64,000. The median sales price of a foreclosure home was $41,000, or 36% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$41,000 (Median Foreclosure 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) $64,000 (Median 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) $41,000 (Median Foreclosure 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) $64,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Machesney Park
17
48.5
% (y-o-y)
$76,600
6.6
% (y-o-y)
53.1%
48.2
% (y-o-y)
Loves Park
12
50.0
% (y-o-y)
$67,500
14.6
% (y-o-y)
3.4%
49.4
% (y-o-y)
Roscoe
9
71.0
% (y-o-y)
$148,050
1.1
% (y-o-y)
54.4%
33.3
% (y-o-y)
South Beloit
9
35.7
% (y-o-y)
$119,000
3.3
% (y-o-y)
Data not available
Rockton
6
62.5
% (y-o-y)
$145,000
17.9
% (y-o-y)
Data not available
Cherry Valley
5
16.7
% (y-o-y)
$107,500
2.4
% (y-o-y)
Data not available
Kirkland
5
66.7
% (y-o-y)
Data not available
Data not available
Davis Junction
4
0.0
% (y-o-y)
$173,091
2.4
% (y-o-y)
Data not available
Winnebago
4
60.0
% (y-o-y)
$105,000
8.7
% (y-o-y)
Data not available
Byron
3
40.0
% (y-o-y)
$136,950
0.8
% (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: 6.90%
Percentage of vacant homes: 12.99%