Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $80,000
    6% ( $5,000 ) vs Aug 2013
  • Median Sales Price
    $70,600
    7% ( $4,767 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $32,100
    4% ( $1,500 ) vs Aug 2013
  • Foreclosures 1,262
    Homes for Sale 694
    Recently Sold 2,068

Market Summary

There are currently 1,262 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 694.

In September, the number of properties that received a foreclosure filing in Rockford, IL was 3% higher than the previous month and 14% lower than the same time last year.

Home sales for August 2014 were up 27% compared with the previous month, and down 8% compared with a year ago. The median sales price of a non-distressed home was $70,600. The median sales price of a foreclosure home was $32,100, or 55% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$32,100 (Median Foreclosure Sales Price) $33,600 (Median Foreclosure Sales Price) $30,051 (Median Foreclosure Sales Price) $29,500 (Median Foreclosure Sales Price) $27,000 (Median Foreclosure Sales Price) $29,180 (Median Foreclosure Sales Price) $70,600 (Median Sales Price) $65,834 (Median Sales Price) $60,000 (Median Sales Price) $63,000 (Median Sales Price) $58,000 (Median Sales Price) $56,500 (Median 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) $27,000 (Median Foreclosure Sales Price) $29,180 (Median Foreclosure Sales Price) $70,600 (Median Sales Price) $65,834 (Median Sales Price) $60,000 (Median Sales Price) $63,000 (Median Sales Price) $58,000 (Median Sales Price) $56,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Loves Park
38
13.6
% (y-o-y)
$102,450
15.1
% (y-o-y)
54.6%
19.9
% (y-o-y)
Machesney Park
26
48.0
% (y-o-y)
$89,900
16.0
% (y-o-y)
54.2%
45.3
% (y-o-y)
Roscoe
26
44.7
% (y-o-y)
$158,675
10.5
% (y-o-y)
Data not available
Rockton
19
44.1
% (y-o-y)
$145,000
3.3
% (y-o-y)
Data not available
Winnebago
19
46.2
% (y-o-y)
$143,000
7.7
% (y-o-y)
Data not available
South Beloit
16
30.4
% (y-o-y)
$105,900
5.9
% (y-o-y)
Data not available
Cherry Valley
6
25.0
% (y-o-y)
$133,469
17.6
% (y-o-y)
Data not available
Pecatonica
5
50.0
% (y-o-y)
$119,500
4.5
% (y-o-y)
Data not available
Kirkland
1
75.0
% (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: 11.30%
Percentage of vacant homes: 12.99%