Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $85,000
    3% ( $2,500 ) vs May 2013
  • Median Sales Price
    $63,000
    9% ( $5,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $29,500
    9% ( $2,500 ) vs May 2013
  • Foreclosures 1,402
    Homes for Sale 886
    Recently Sold 2,096

Market Summary

There are currently 1,402 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 886.

In June, the number of properties that received a foreclosure filing in Rockford, IL was 8% lower than the previous month and 15% lower than the same time last year.

Home sales for May 2014 were up 8% compared with the previous month, and up 11% compared with a year ago. The median sales price of a non-distressed home was $63,000. The median sales price of a foreclosure home was $29,500, or 53% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$29,500 (Median Foreclosure Sales Price) $27,000 (Median Foreclosure Sales Price) $29,180 (Median Foreclosure Sales Price) $31,490 (Median Foreclosure Sales Price) $35,000 (Median Foreclosure Sales Price) $37,900 (Median Foreclosure Sales Price) $63,000 (Median Sales Price) $58,000 (Median Sales Price) $56,500 (Median Sales Price) $63,000 (Median Sales Price) $68,000 (Median Sales Price) $70,000 (Median Sales Price) $29,500 (Median Foreclosure Sales Price) $27,000 (Median Foreclosure Sales Price) $29,180 (Median Foreclosure Sales Price) $31,490 (Median Foreclosure Sales Price) $35,000 (Median Foreclosure Sales Price) $37,900 (Median Foreclosure Sales Price) $63,000 (Median Sales Price) $58,000 (Median Sales Price) $56,500 (Median Sales Price) $63,000 (Median Sales Price) $68,000 (Median Sales Price) $70,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Loves Park
26
35.0
% (y-o-y)
$80,000
4.2
% (y-o-y)
46.6%
1.9
% (y-o-y)
Roscoe
21
38.2
% (y-o-y)
$147,700
6.8
% (y-o-y)
29.8%
27.5
% (y-o-y)
Machesney Park
20
47.4
% (y-o-y)
$101,000
20.2
% (y-o-y)
59.6%
26.2
% (y-o-y)
Rockton
19
5.0
% (y-o-y)
$120,000
14.9
% (y-o-y)
Data not available
South Beloit
11
38.9
% (y-o-y)
$116,500
2.2
% (y-o-y)
70.0%
33.3
% (y-o-y)
Winnebago
7
40.0
% (y-o-y)
$125,900
5.7
% (y-o-y)
Data not available
Pecatonica
7
75.0
% (y-o-y)
$76,000
22.6
% (y-o-y)
Data not available
Kirkland
4
100.0
% (y-o-y)
$160,000
0.0
% (y-o-y)
Data not available
Cherry Valley
3
57.1
% (y-o-y)
$136,450
1.0
% (y-o-y)
Data not available
Shirland
3
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: 204.86     Rating: C- View crime details
Schools: 32    Average School Rating: D+ View individual school rating
Household Median Income: $38,573
Unemployment: 10.20%
Percentage of vacant homes: 12.99%