Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $79,200
    13% ( $9,300 ) vs Mar 2016
  • Median Sales Price
    $70,500
    10% ( $6,500 ) vs Mar 2016
  • Median Foreclosure Sales Price
    $25,700
    0% ( $0 ) vs Mar 2016
  • Foreclosures 765
    Homes for Sale 406
    Recently Sold 497

Market Summary

There are currently 765 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 406.

In April, the number of properties that received a foreclosure filing in Rockford, IL was 4% lower than the previous month and 25% lower than the same time last year.

Home sales for March 2017 were up 80% compared with the previous month, and down 71% compared with a year ago. The median sales price of a non-distressed home was $70,500. The median sales price of a foreclosure home was $25,700, or 64% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$25,700 (Median Foreclosure Sales Price) $25,700 (Median Foreclosure Sales Price) $30,000 (Median Foreclosure Sales Price) $31,000 (Median Foreclosure Sales Price) $32,401 (Median Foreclosure Sales Price) $32,263 (Median Foreclosure Sales Price) $70,500 (Median Sales Price) $64,000 (Median Sales Price) $67,000 (Median Sales Price) $70,000 (Median Sales Price) $81,900 (Median Sales Price) $85,000 (Median Sales Price) $25,700 (Median Foreclosure Sales Price) $25,700 (Median Foreclosure Sales Price) $30,000 (Median Foreclosure Sales Price) $31,000 (Median Foreclosure Sales Price) $32,401 (Median Foreclosure Sales Price) $32,263 (Median Foreclosure Sales Price) $70,500 (Median Sales Price) $64,000 (Median Sales Price) $67,000 (Median Sales Price) $70,000 (Median Sales Price) $81,900 (Median Sales Price) $85,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Loves Park
10
78.7
% (y-o-y)
$101,000
23.2
% (y-o-y)
58.8%
50.7
% (y-o-y)
Machesney Park
9
76.9
% (y-o-y)
$97,500
6.6
% (y-o-y)
2.6%
29.0
% (y-o-y)
South Beloit
7
61.1
% (y-o-y)
$110,000
8.1
% (y-o-y)
Data not available
Roscoe
6
82.4
% (y-o-y)
$171,500
4.0
% (y-o-y)
Data not available
Pecatonica
3
25.0
% (y-o-y)
Data not available
Data not available
Rockton
3
87.5
% (y-o-y)
$192,500
20.3
% (y-o-y)
Data not available
Winnebago
1
87.5
% (y-o-y)
Data not available
Data not available
Caledonia
1
0.0
% (y-o-y)
Data not available
Data not available
Cherry Valley
1
90.0
% (y-o-y)
Data not available
Data not available
Kirkland
1
50.0
% (y-o-y)
Data not available
Data not available

Local Info For Rockford

Population:
154,517
Cost of Living Index: 90.04
Crime Index: 252.62     Rating: D+ View crime details
Schools: 32    Average School Rating: D+ View individual school rating
Household Median Income: $38,573
Unemployment: 7.60%
Percentage of vacant homes: 12.99%

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