Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $79,900
    7% ( $5,000 ) vs Feb 2014
  • Median Sales Price
    $57,357
    8% ( $4,744 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $43,950
    8% ( $4,050 ) vs Feb 2014
  • Foreclosures 1,117
    Homes for Sale 670
    Recently Sold 1,286

Market Summary

There are currently 1,117 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 670.

In March, the number of properties that received a foreclosure filing in Rockford, IL was 81% higher than the previous month and 111% higher than the same time last year.

Home sales for February 2015 were down 34% compared with the previous month, and up 33% compared with a year ago. The median sales price of a non-distressed home was $57,357. The median sales price of a foreclosure home was $43,950, or 23% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$43,950 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $42,000 (Median Foreclosure Sales Price) $37,450 (Median Foreclosure Sales Price) $35,050 (Median Foreclosure Sales Price) $31,100 (Median Foreclosure Sales Price) $57,357 (Median Sales Price) $62,100 (Median Sales Price) $68,550 (Median Sales Price) $69,900 (Median Sales Price) $70,000 (Median Sales Price) $70,000 (Median 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) $35,050 (Median Foreclosure Sales Price) $31,100 (Median Foreclosure Sales Price) $57,357 (Median Sales Price) $62,100 (Median Sales Price) $68,550 (Median Sales Price) $69,900 (Median Sales Price) $70,000 (Median Sales Price) $70,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Loves Park
24
14.3
% (y-o-y)
$75,000
7.9
% (y-o-y)
18.7%
29.5
% (y-o-y)
Machesney Park
20
17.6
% (y-o-y)
$82,000
1.7
% (y-o-y)
48.8%
42.8
% (y-o-y)
Roscoe
16
77.8
% (y-o-y)
$158,500
8.8
% (y-o-y)
43.2%
32.0
% (y-o-y)
South Beloit
16
77.8
% (y-o-y)
$119,750
4.1
% (y-o-y)
Data not available
Rockton
10
28.6
% (y-o-y)
$151,950
18.5
% (y-o-y)
Data not available
Davis Junction
6
500.0
% (y-o-y)
$127,000
4.5
% (y-o-y)
Data not available
Byron
5
150.0
% (y-o-y)
$170,250
26.6
% (y-o-y)
Data not available
Winnebago
5
25.0
% (y-o-y)
$127,100
10.5
% (y-o-y)
Data not available
Cherry Valley
3
0.0
% (y-o-y)
$144,000
18.6
% (y-o-y)
Data not available
Kirkland
2
0.0
% (y-o-y)
Data not available
Data not available

Local Info For Rockford

Population:
154,517
Cost of Living Index: 90.04
Crime Index: 201.22     Rating: C- View crime details
Schools: 32    Average School Rating: D+ View individual school rating
Household Median Income: $38,573
Unemployment: 7.90%
Percentage of vacant homes: 12.99%