Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $81,000
    7% ( $5,100 ) vs Mar 2015
  • Median Sales Price
    $72,000
    1% ( $500 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $36,765
    5% ( $1,765 ) vs Mar 2015
  • Foreclosures 967
    Homes for Sale 555
    Recently Sold 1,528

Market Summary

There are currently 967 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 555.

In April, the number of properties that received a foreclosure filing in Rockford, IL was 4% lower than the previous month and 16% lower than the same time last year.

Home sales for March 2016 were up 91% compared with the previous month, and up 2957% compared with a year ago. The median sales price of a non-distressed home was $72,000. The median sales price of a foreclosure home was $36,765, or 49% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$36,765 (Median Foreclosure 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) $72,000 (Median Sales Price) $72,500 (Median Sales Price) $73,000 (Median Sales Price) $73,000 (Median Sales Price) $70,150 (Median Sales Price) $62,200 (Median Sales Price) $36,765 (Median Foreclosure 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) $72,000 (Median Sales Price) $72,500 (Median Sales Price) $73,000 (Median Sales Price) $73,000 (Median Sales Price) $70,150 (Median Sales Price) $62,200 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Loves Park
47
370.0
% (y-o-y)
$82,000
26.2
% (y-o-y)
50.7%
3.1
% (y-o-y)
Machesney Park
39
105.3
% (y-o-y)
$91,500
14.4
% (y-o-y)
29.0%
58.9
% (y-o-y)
Roscoe
34
466.7
% (y-o-y)
$179,900
22.2
% (y-o-y)
38.9%
59.3
% (y-o-y)
Rockton
24
700.0
% (y-o-y)
$160,000
26.1
% (y-o-y)
34.4%
0.0
% (y-o-y)
South Beloit
18
260.0
% (y-o-y)
$119,750
15.1
% (y-o-y)
53.6%
0.0
% (y-o-y)
Byron
15
400.0
% (y-o-y)
$139,441
3.1
% (y-o-y)
Data not available
Cherry Valley
10
900.0
% (y-o-y)
$121,644
15.5
% (y-o-y)
6.6%
0.0
% (y-o-y)
Winnebago
8
33.3
% (y-o-y)
$159,000
51.1
% (y-o-y)
Data not available
Davis Junction
7
133.3
% (y-o-y)
$122,250
26.0
% (y-o-y)
Data not available
Pecatonica
4
300.0
% (y-o-y)
$87,500
32.4
% (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: 8.70%
Percentage of vacant homes: 12.99%

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