Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $99,900
    6% ( $6,000 ) vs Jun 2015
  • Median Sales Price
    $80,000
    3% ( $2,000 ) vs Jun 2015
  • Median Foreclosure Sales Price
    $35,778
    2% ( $710 ) vs Jun 2015
  • Foreclosures 978
    Homes for Sale 645
    Recently Sold 1,085

Market Summary

There are currently 978 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 645.

In July, the number of properties that received a foreclosure filing in Rockford, IL was 20% lower than the previous month and 28% lower than the same time last year.

Home sales for June 2016 were down 50% compared with the previous month, and down 39% compared with a year ago. The median sales price of a non-distressed home was $80,000. The median sales price of a foreclosure home was $35,778, or 55% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$35,778 (Median Foreclosure Sales Price) $36,487 (Median Foreclosure Sales Price) $38,005 (Median Foreclosure Sales Price) $36,765 (Median Foreclosure Sales Price) $35,000 (Median Foreclosure Sales Price) $34,990 (Median Foreclosure Sales Price) $80,000 (Median Sales Price) $78,000 (Median Sales Price) $75,000 (Median Sales Price) $72,000 (Median Sales Price) $72,500 (Median Sales Price) $73,000 (Median Sales Price) $35,778 (Median Foreclosure Sales Price) $36,487 (Median Foreclosure Sales Price) $38,005 (Median Foreclosure Sales Price) $36,765 (Median Foreclosure Sales Price) $35,000 (Median Foreclosure Sales Price) $34,990 (Median Foreclosure Sales Price) $80,000 (Median Sales Price) $78,000 (Median Sales Price) $75,000 (Median Sales Price) $72,000 (Median Sales Price) $72,500 (Median Sales Price) $73,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Machesney Park
15
42.3
% (y-o-y)
$90,000
8.4
% (y-o-y)
50.0%
42.2
% (y-o-y)
Roscoe
10
52.4
% (y-o-y)
$162,200
3.7
% (y-o-y)
7.5%
30.6
% (y-o-y)
Rockton
9
25.0
% (y-o-y)
$166,000
2.4
% (y-o-y)
Data not available
Loves Park
8
68.0
% (y-o-y)
$97,250
2.1
% (y-o-y)
55.8%
31.2
% (y-o-y)
South Beloit
6
50.0
% (y-o-y)
$120,000
0.8
% (y-o-y)
Data not available
Winnebago
6
14.3
% (y-o-y)
$159,950
4.9
% (y-o-y)
Data not available
Kirkland
2
0.0
% (y-o-y)
Data not available
Data not available
Caledonia
1
50.0
% (y-o-y)
Data not available
Data not available
Pecatonica
1
66.7
% (y-o-y)
$93,000
6.9
% (y-o-y)
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: 7.60%
Percentage of vacant homes: 12.99%

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