South Beloit Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $129,900
    4% ( $4,400 ) vs Jul 2013
  • Median Sales Price
    $106,000
    7% ( $7,300 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $83,500
    13% ( $9,500 ) vs Jul 2013
  • Foreclosures 70
    Homes for Sale 48
    Recently Sold 95

Market Summary

There are currently 70 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 48.

In August, the number of properties that received a foreclosure filing in South Beloit, IL was 50% higher than the previous month and 0% higher than the same time last year.

Home sales for July 2014 were up 120% compared with the previous month, and down 48% compared with a year ago. The median sales price of a non-distressed home was $106,000. The median sales price of a foreclosure home was $83,500, or 21% lower than non-distressed home sales.

Sales Prices - South Beloit, IL




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$83,500 (Median Foreclosure Sales Price) $74,000 (Median Foreclosure Sales Price) $35,000 (Median Foreclosure Sales Price) $72,500 (Median Foreclosure Sales Price) $53,141 (Median Foreclosure Sales Price) $69,766 (Median Foreclosure Sales Price) $106,000 (Median Sales Price) $98,700 (Median Sales Price) $116,500 (Median Sales Price) $121,450 (Median Sales Price) $121,450 (Median Sales Price) $115,000 (Median Sales Price) $83,500 (Median Foreclosure Sales Price) $74,000 (Median Foreclosure Sales Price) $35,000 (Median Foreclosure Sales Price) $72,500 (Median Foreclosure Sales Price) $53,141 (Median Foreclosure Sales Price) $69,766 (Median Foreclosure Sales Price) $106,000 (Median Sales Price) $98,700 (Median Sales Price) $116,500 (Median Sales Price) $121,450 (Median Sales Price) $121,450 (Median Sales Price) $115,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
198
52.4
% (y-o-y)
$65,834
16.7
% (y-o-y)
49.0%
55.1
% (y-o-y)
Loves Park
23
59.6
% (y-o-y)
$95,000
13.8
% (y-o-y)
49.5%
30.0
% (y-o-y)
Machesney Park
20
64.9
% (y-o-y)
$95,000
9.5
% (y-o-y)
32.1%
41.9
% (y-o-y)
Roscoe
19
52.5
% (y-o-y)
$151,700
0.2
% (y-o-y)
Data not available
Rockton
5
64.3
% (y-o-y)
$122,000
19.7
% (y-o-y)
Data not available
Durand
4
0.0
% (y-o-y)
$66,050
50.1
% (y-o-y)
Data not available
Caledonia
1
85.7
% (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: 46.16     Rating: A- View crime details
Schools: 6    Average School Rating: B View individual school rating
Household Median Income: $53,357
Unemployment: 9.50%
Percentage of vacant homes: 11.11%