South Beloit Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $110,000
    18% ( $24,900 ) vs Nov 2014
  • Median Sales Price
    $117,500
    0% ( $0 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $46,820
    14% ( $7,500 ) vs Nov 2014
  • Foreclosures 52
    Homes for Sale 28
    Recently Sold 106

Market Summary

There are currently 52 properties in South Beloit, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 28.

In December, the number of properties that received a foreclosure filing in South Beloit, IL was 80% lower than the previous month and 83% lower than the same time last year.

Home sales for November 2015 were up 200% compared with the previous month, and down 62% compared with a year ago. The median sales price of a non-distressed home was $117,500. The median sales price of a foreclosure home was $46,820, or 60% lower than non-distressed home sales.

Sales Prices - South Beloit, IL




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$46,820 (Median Foreclosure Sales Price) $54,320 (Median Foreclosure Sales Price) $58,740 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $129,994 (Median Foreclosure Sales Price) $117,500 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $128,000 (Median Sales Price) $116,500 (Median Sales Price) $121,000 (Median Sales Price) $46,820 (Median Foreclosure Sales Price) $54,320 (Median Foreclosure Sales Price) $58,740 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $148,000 (Median Foreclosure Sales Price) $129,994 (Median Foreclosure Sales Price) $117,500 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $128,000 (Median Sales Price) $116,500 (Median Sales Price) $121,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
176
25.7
% (y-o-y)
$70,150
0.4
% (y-o-y)
46.9%
46.4
% (y-o-y)
Loves Park
24
0.0
% (y-o-y)
$75,500
9.0
% (y-o-y)
38.9%
38.8
% (y-o-y)
Machesney Park
23
25.8
% (y-o-y)
$119,285
49.1
% (y-o-y)
75.7%
44.9
% (y-o-y)
Roscoe
21
23.5
% (y-o-y)
$173,250
4.4
% (y-o-y)
18.0%
0.0
% (y-o-y)
Rockton
12
20.0
% (y-o-y)
$135,000
14.6
% (y-o-y)
Data not available
Shirland
1
0.0
% (y-o-y)
Data not available
Data not available
Durand
1
80.0
% (y-o-y)
Data not available
Data not available

Local Info For South Beloit

Population:
7,559
Cost of Living Index: 90.93
Crime Index: 25.65     Rating: A View crime details
Schools: 6    Average School Rating: B View individual school rating
Household Median Income: $53,357
Unemployment: 7.00%
Percentage of vacant homes: 11.11%

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