Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $80,000
    1% ( $800 ) vs Apr 2016
  • Median Sales Price
    $66,450
    5% ( $3,550 ) vs Apr 2016
  • Median Foreclosure Sales Price
    $25,000
    3% ( $700 ) vs Apr 2016
  • Foreclosures 748
    Homes for Sale 450
    Recently Sold 543

Market Summary

There are currently 748 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 450.

In May, the number of properties that received a foreclosure filing in Rockford, IL was 11% lower than the previous month and 25% lower than the same time last year.

Home sales for April 2017 were down 15% compared with the previous month, and down 66% compared with a year ago. The median sales price of a non-distressed home was $66,450. The median sales price of a foreclosure home was $25,000, or 62% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$25,000 (Median Foreclosure 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) $66,450 (Median Sales Price) $70,000 (Median Sales Price) $64,000 (Median Sales Price) $67,000 (Median Sales Price) $70,000 (Median Sales Price) $81,900 (Median Sales Price) $25,000 (Median Foreclosure 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) $66,450 (Median Sales Price) $70,000 (Median Sales Price) $64,000 (Median Sales Price) $67,000 (Median Sales Price) $70,000 (Median Sales Price) $81,900 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Machesney Park
11
72.5
% (y-o-y)
$97,500
6.6
% (y-o-y)
Data not available
Loves Park
10
68.8
% (y-o-y)
$100,000
0.8
% (y-o-y)
64.0%
55.9
% (y-o-y)
Roscoe
7
72.0
% (y-o-y)
$171,700
3.3
% (y-o-y)
Data not available
South Beloit
6
72.7
% (y-o-y)
$125,200
26.5
% (y-o-y)
Data not available
Cherry Valley
3
57.1
% (y-o-y)
$130,000
8.8
% (y-o-y)
Data not available
Kirkland
1
0.0
% (y-o-y)
Data not available
Data not available
Rockton
1
95.8
% (y-o-y)
$124,000
22.5
% (y-o-y)
Data not available
Winnebago
1
85.7
% (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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