Rockford Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $85,000
    6% ( $5,000 ) vs Jun 2014
  • Median Sales Price
    $72,000
    0% ( $85 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $37,611
    12% ( $5,340 ) vs Jun 2014
  • Foreclosures 1,043
    Homes for Sale 832
    Recently Sold 498

Market Summary

There are currently 1,043 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 832.

In July, the number of properties that received a foreclosure filing in Rockford, IL was 27% higher than the previous month and 3% higher than the same time last year.

Home sales for June 2015 were down 15% compared with the previous month, and down 56% compared with a year ago. The median sales price of a non-distressed home was $72,000. The median sales price of a foreclosure home was $37,611, or 48% lower than non-distressed home sales.

Sales Prices - Rockford, IL




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$37,611 (Median Foreclosure 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) $72,000 (Median 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) $37,611 (Median Foreclosure 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) $72,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Machesney Park
26
52.9
% (y-o-y)
$83,000
23.1
% (y-o-y)
42.2%
60.6
% (y-o-y)
Loves Park
25
21.9
% (y-o-y)
$95,250
9.8
% (y-o-y)
31.2%
43.5
% (y-o-y)
Roscoe
21
10.5
% (y-o-y)
$168,500
9.2
% (y-o-y)
30.6%
17.0
% (y-o-y)
South Beloit
12
100.0
% (y-o-y)
$121,000
22.6
% (y-o-y)
Data not available
Rockton
12
0.0
% (y-o-y)
$170,000
47.8
% (y-o-y)
Data not available
Winnebago
7
12.5
% (y-o-y)
$152,500
1.3
% (y-o-y)
Data not available
Byron
5
37.5
% (y-o-y)
$118,100
14.1
% (y-o-y)
Data not available
Cherry Valley
3
66.7
% (y-o-y)
$109,500
24.5
% (y-o-y)
Data not available
Pecatonica
3
62.5
% (y-o-y)
$87,000
9.1
% (y-o-y)
Data not available
Caledonia
2
100.0
% (y-o-y)
Data not available
Data not available

Local Info For Rockford

Population:
154,517
Cost of Living Index: 90.04
Crime Index: 201.22     Rating: C- View crime details
Schools: 32    Average School Rating: D+ View individual school rating
Household Median Income: $38,573
Unemployment: 7.30%
Percentage of vacant homes: 12.99%