South Beloit Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $127,500
    2% ( $2,600 ) vs May 2015
  • Median Sales Price
    $121,250
    22% ( $22,250 ) vs May 2015
  • Median Foreclosure Sales Price
    $33,000
    0% ( $0 ) vs May 2015
  • Foreclosures 49
    Homes for Sale 44
    Recently Sold 74

Market Summary

There are currently 49 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 44.

In June, the number of properties that received a foreclosure filing in South Beloit, IL was 56% lower than the previous month and 50% lower than the same time last year.

Home sales for May 2016 were down 48% compared with the previous month, and up 0% compared with a year ago. The median sales price of a non-distressed home was $121,250. The median sales price of a foreclosure home was $33,000, or 73% lower than non-distressed home sales.

Sales Prices - South Beloit, IL




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$33,000 (Median Foreclosure Sales Price) $33,000 (Median Foreclosure Sales Price) $55,550 (Median Foreclosure Sales Price) $84,250 (Median Foreclosure Sales Price) $84,000 (Median Foreclosure Sales Price) $76,900 (Median Foreclosure Sales Price) $121,250 (Median Sales Price) $99,000 (Median Sales Price) $119,750 (Median Sales Price) $109,000 (Median Sales Price) $130,000 (Median Sales Price) $117,500 (Median Sales Price) $33,000 (Median Foreclosure Sales Price) $33,000 (Median Foreclosure Sales Price) $55,550 (Median Foreclosure Sales Price) $84,250 (Median Foreclosure Sales Price) $84,000 (Median Foreclosure Sales Price) $76,900 (Median Foreclosure Sales Price) $121,250 (Median Sales Price) $99,000 (Median Sales Price) $119,750 (Median Sales Price) $109,000 (Median Sales Price) $130,000 (Median Sales Price) $117,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
191
17.0
% (y-o-y)
$78,000
8.5
% (y-o-y)
53.2%
40.3
% (y-o-y)
Loves Park
27
6.9
% (y-o-y)
$94,500
2.2
% (y-o-y)
57.2%
44.4
% (y-o-y)
Machesney Park
25
0.0
% (y-o-y)
$99,850
34.7
% (y-o-y)
52.4%
51.5
% (y-o-y)
Roscoe
21
8.7
% (y-o-y)
$167,900
2.4
% (y-o-y)
18.3%
57.0
% (y-o-y)
Rockton
8
57.9
% (y-o-y)
$166,000
2.6
% (y-o-y)
Data not available
Durand
4
100.0
% (y-o-y)
$96,000
0.0
% (y-o-y)
Data not available
Caledonia
1
0.0
% (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: 6.70%
Percentage of vacant homes: 11.11%

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