Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $80,000
    0% ( $100 ) vs May 2014
  • Median Sales Price
    $71,915
    12% ( $7,915 ) vs May 2014
  • Median Foreclosure Sales Price
    $42,950
    5% ( $1,950 ) vs May 2014
  • Foreclosures 1,019
    Homes for Sale 863
    Recently Sold 622

Market Summary

There are currently 1,019 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 863.

In June, the number of properties that received a foreclosure filing in Rockford, IL was 3% lower than the previous month and 31% lower than the same time last year.

Home sales for May 2015 were up 180% compared with the previous month, and down 38% compared with a year ago. The median sales price of a non-distressed home was $71,915. The median sales price of a foreclosure home was $42,950, or 40% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$42,950 (Median Foreclosure Sales Price) $41,000 (Median Foreclosure Sales Price) $45,540 (Median Foreclosure Sales Price) $43,950 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $42,000 (Median Foreclosure Sales Price) $71,915 (Median Sales Price) $64,000 (Median Sales Price) $55,600 (Median Sales Price) $57,357 (Median Sales Price) $62,100 (Median Sales Price) $68,550 (Median Sales Price) $42,950 (Median Foreclosure Sales Price) $41,000 (Median Foreclosure Sales Price) $45,540 (Median Foreclosure Sales Price) $43,950 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $42,000 (Median Foreclosure Sales Price) $71,915 (Median Sales Price) $64,000 (Median Sales Price) $55,600 (Median Sales Price) $57,357 (Median Sales Price) $62,100 (Median Sales Price) $68,550 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Loves Park
29
11.5
% (y-o-y)
$92,500
15.6
% (y-o-y)
44.4%
46.6
% (y-o-y)
Machesney Park
25
25.0
% (y-o-y)
$74,125
26.6
% (y-o-y)
51.5%
59.6
% (y-o-y)
Roscoe
23
9.5
% (y-o-y)
$173,500
17.5
% (y-o-y)
57.3%
29.8
% (y-o-y)
Rockton
19
0.0
% (y-o-y)
$170,500
42.1
% (y-o-y)
Data not available
South Beloit
15
36.4
% (y-o-y)
$112,500
5.3
% (y-o-y)
6.7%
70.5
% (y-o-y)
Kirkland
8
100.0
% (y-o-y)
$123,000
23.1
% (y-o-y)
Data not available
Winnebago
6
14.3
% (y-o-y)
$119,500
5.1
% (y-o-y)
Data not available
Pecatonica
5
28.6
% (y-o-y)
$79,500
4.6
% (y-o-y)
Data not available
Byron
4
42.9
% (y-o-y)
$137,900
10.3
% (y-o-y)
Data not available
Davis Junction
3
0.0
% (y-o-y)
$156,341
7.5
% (y-o-y)
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: 7.10%
Percentage of vacant homes: 12.99%