Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $78,900
    1% ( $900 ) vs Oct 2013
  • Median Sales Price
    $70,000
    1% ( $500 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $35,050
    13% ( $3,950 ) vs Oct 2013
  • Foreclosures 1,150
    Homes for Sale 436
    Recently Sold 2,156

Market Summary

There are currently 1,150 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 436.

In November, the number of properties that received a foreclosure filing in Rockford, IL was 2% higher than the previous month and 32% lower than the same time last year.

Home sales for October 2014 were down 8% compared with the previous month, and down 6% compared with a year ago. The median sales price of a non-distressed home was $70,000. The median sales price of a foreclosure home was $35,050, or 50% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$35,050 (Median Foreclosure 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) $70,000 (Median 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) $35,050 (Median Foreclosure 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) $70,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Loves Park
45
60.7
% (y-o-y)
$87,500
12.9
% (y-o-y)
41.0%
42.3
% (y-o-y)
Machesney Park
41
17.1
% (y-o-y)
$77,500
16.4
% (y-o-y)
46.8%
29.9
% (y-o-y)
Roscoe
26
27.8
% (y-o-y)
$166,000
10.7
% (y-o-y)
Data not available
Rockton
20
23.1
% (y-o-y)
$158,000
1.3
% (y-o-y)
Data not available
South Beloit
11
8.3
% (y-o-y)
$110,000
14.1
% (y-o-y)
Data not available
Winnebago
7
78.8
% (y-o-y)
$142,000
11.7
% (y-o-y)
Data not available
Pecatonica
6
0.0
% (y-o-y)
$109,000
53.0
% (y-o-y)
Data not available
Kirkland
4
50.0
% (y-o-y)
$75,000
13.6
% (y-o-y)
Data not available
Cherry Valley
3
200.0
% (y-o-y)
$118,250
37.9
% (y-o-y)
Data not available
Belvidere
1
88.9
% (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: 10.00%
Percentage of vacant homes: 12.99%