Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $94,700
    17% ( $13,700 ) vs Apr 2015
  • Median Sales Price
    $75,000
    4% ( $3,000 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $38,005
    3% ( $1,240 ) vs Apr 2015
  • Foreclosures 981
    Homes for Sale 607
    Recently Sold 1,335

Market Summary

There are currently 981 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 607.

In May, the number of properties that received a foreclosure filing in Rockford, IL was 11% lower than the previous month and 13% higher than the same time last year.

Home sales for April 2016 were down 23% compared with the previous month, and up 257% compared with a year ago. The median sales price of a non-distressed home was $75,000. The median sales price of a foreclosure home was $38,005, or 49% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$38,005 (Median Foreclosure 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) $75,000 (Median 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) $38,005 (Median Foreclosure 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) $75,000 (Median 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)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Machesney Park
40
135.3
% (y-o-y)
$91,500
19.5
% (y-o-y)
45.4%
53.1
% (y-o-y)
Loves Park
32
166.7
% (y-o-y)
$99,250
47.0
% (y-o-y)
55.9%
3.4
% (y-o-y)
Rockton
24
300.0
% (y-o-y)
$160,000
10.3
% (y-o-y)
29.2%
0.0
% (y-o-y)
Roscoe
24
166.7
% (y-o-y)
$176,250
19.9
% (y-o-y)
24.2%
54.1
% (y-o-y)
South Beloit
22
144.4
% (y-o-y)
$99,000
16.8
% (y-o-y)
66.7%
0.0
% (y-o-y)
Winnebago
7
75.0
% (y-o-y)
$159,000
51.4
% (y-o-y)
46.8%
21.4
% (y-o-y)
Cherry Valley
7
40.0
% (y-o-y)
$119,500
11.2
% (y-o-y)
6.1%
0.0
% (y-o-y)
Byron
6
100.0
% (y-o-y)
$142,500
4.1
% (y-o-y)
Data not available
Davis Junction
3
25.0
% (y-o-y)
$136,500
21.1
% (y-o-y)
Data not available
Pecatonica
2
100.0
% (y-o-y)
$94,000
0.0
% (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: 8.10%
Percentage of vacant homes: 12.99%

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