Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $78,000
    3% ( $2,000 ) vs Sep 2013
  • Median Sales Price
    $70,500
    0% ( $100 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $31,100
    3% ( $1,000 ) vs Sep 2013
  • Foreclosures 1,193
    Homes for Sale 251
    Recently Sold 2,136

Market Summary

There are currently 1,193 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 251.

In October, the number of properties that received a foreclosure filing in Rockford, IL was 2% higher than the previous month and 3% lower than the same time last year.

Home sales for September 2014 were up 12% compared with the previous month, and up 14% 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 $31,100, or 56% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$31,100 (Median Foreclosure Sales Price) $32,100 (Median Foreclosure Sales Price) $33,600 (Median Foreclosure Sales Price) $30,051 (Median Foreclosure Sales Price) $29,500 (Median Foreclosure Sales Price) $27,000 (Median Foreclosure Sales Price) $70,500 (Median Sales Price) $70,600 (Median Sales Price) $65,834 (Median Sales Price) $60,000 (Median Sales Price) $63,000 (Median Sales Price) $58,000 (Median Sales Price) $31,100 (Median Foreclosure Sales Price) $32,100 (Median Foreclosure Sales Price) $33,600 (Median Foreclosure Sales Price) $30,051 (Median Foreclosure Sales Price) $29,500 (Median Foreclosure Sales Price) $27,000 (Median Foreclosure Sales Price) $70,500 (Median Sales Price) $70,600 (Median Sales Price) $65,834 (Median Sales Price) $60,000 (Median Sales Price) $63,000 (Median Sales Price) $58,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Cherry Valley
44
388.9
% (y-o-y)
$133,469
20.0
% (y-o-y)
Data not available
Machesney Park
44
8.3
% (y-o-y)
$81,250
12.4
% (y-o-y)
37.7%
4.3
% (y-o-y)
Roscoe
43
43.3
% (y-o-y)
$162,000
13.1
% (y-o-y)
Data not available
Loves Park
43
44.9
% (y-o-y)
$90,000
1.1
% (y-o-y)
44.0%
21.7
% (y-o-y)
Rockton
24
20.0
% (y-o-y)
$157,450
12.5
% (y-o-y)
Data not available
Winnebago
16
100.0
% (y-o-y)
$140,750
9.6
% (y-o-y)
18.3%
0.0
% (y-o-y)
South Beloit
11
38.9
% (y-o-y)
$115,750
7.7
% (y-o-y)
Data not available
Pecatonica
9
200.0
% (y-o-y)
$115,000
4.2
% (y-o-y)
Data not available
Kirkland
6
100.0
% (y-o-y)
$74,000
7.5
% (y-o-y)
Data not available
Caledonia
1
80.0
% (y-o-y)
Data not available
Data not available

Local Info For Rockford

Population:
154,517
Cost of Living Index: 90.04
Crime Index: 204.86     Rating: C- View crime details
Schools: 32    Average School Rating: D+ View individual school rating
Household Median Income: $38,573
Unemployment: 9.80%
Percentage of vacant homes: 12.99%