Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $87,900
    0% ( $0 ) vs Nov 2016
  • Median Sales Price
    $73,000
    3% ( $2,000 ) vs Nov 2016
  • Median Foreclosure Sales Price
    $25,000
    30% ( $5,750 ) vs Nov 2016
  • Foreclosures 627
    Homes for Sale 394
    Recently Sold 2,219

Market Summary

There are currently 627 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 394.

In December, the number of properties that received a foreclosure filing in Rockford, IL was 2% lower than the previous month and 19% lower than the same time last year.

Home sales for November 2017 were down 15% compared with the previous month, and up 32% compared with a year ago. The median sales price of a non-distressed home was $73,000. The median sales price of a foreclosure home was $25,000, or 66% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$25,000 (Median Foreclosure Sales Price) $19,250 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $33,400 (Median Foreclosure Sales Price) $73,000 (Median Sales Price) $75,000 (Median Sales Price) $77,500 (Median Sales Price) $78,750 (Median Sales Price) $77,000 (Median Sales Price) $65,000 (Median Sales Price) $25,000 (Median Foreclosure Sales Price) $19,250 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $33,400 (Median Foreclosure Sales Price) $73,000 (Median Sales Price) $75,000 (Median Sales Price) $77,500 (Median Sales Price) $78,750 (Median Sales Price) $77,000 (Median Sales Price) $65,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Loves Park
13
62.5
% (y-o-y)
$88,500
8.3
% (y-o-y)
Data not available
Machesney Park
10
233.3
% (y-o-y)
$83,550
27.3
% (y-o-y)
Data not available
Roscoe
8
33.3
% (y-o-y)
$187,500
17.3
% (y-o-y)
Data not available
South Beloit
5
400.0
% (y-o-y)
$78,375
44.4
% (y-o-y)
Data not available
Rockton
4
0.0
% (y-o-y)
$135,500
7.2
% (y-o-y)
Data not available
Cherry Valley
2
50.0
% (y-o-y)
Data not available
Data not available
Pecatonica
1
50.0
% (y-o-y)
$85,000
26.1
% (y-o-y)
Data not available
Winnebago
1
66.7
% (y-o-y)
$109,100
43.2
% (y-o-y)
Data not available

Local Info For Rockford

Population:
154,517
Cost of Living Index: 90.04
Crime Index: 270.08     Rating: D View crime details
Schools: 32    Average School Rating: D+ View individual school rating
Household Median Income: $38,573
Unemployment: 6.90%
Percentage of vacant homes: 12.99%

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