South Beloit Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $125,500
    1% ( $1,300 ) vs Jun 2013
  • Median Sales Price
    $98,700
    15% ( $17,800 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $74,000
    111% ( $39,000 ) vs Jun 2013
  • Foreclosures 69
    Homes for Sale 46
    Recently Sold 86

Market Summary

There are currently 69 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 46.

In July, the number of properties that received a foreclosure filing in South Beloit, IL was 14% lower than the previous month and 20% higher than the same time last year.

Home sales for June 2014 were down 44% compared with the previous month, and down 64% compared with a year ago. The median sales price of a non-distressed home was $98,700. The median sales price of a foreclosure home was $74,000, or 25% lower than non-distressed home sales.

Sales Prices - South Beloit, IL




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$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) $74,641 (Median Foreclosure 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) $118,650 (Median 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) $74,641 (Median Foreclosure 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) $118,650 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
240
37.5
% (y-o-y)
$60,000
25.9
% (y-o-y)
49.9%
56.8
% (y-o-y)
Loves Park
32
41.8
% (y-o-y)
$86,750
3.9
% (y-o-y)
43.5%
31.7
% (y-o-y)
Roscoe
19
38.7
% (y-o-y)
$154,250
2.7
% (y-o-y)
17.0%
21.1
% (y-o-y)
Machesney Park
17
68.5
% (y-o-y)
$108,000
2.5
% (y-o-y)
60.6%
60.3
% (y-o-y)
Rockton
12
36.8
% (y-o-y)
$115,000
21.8
% (y-o-y)
Data not available
Durand
2
0.0
% (y-o-y)
$60,100
46.8
% (y-o-y)
Data not available
Belvidere
1
97.3
% (y-o-y)
Data not available
Data not available
Shirland
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: 46.16     Rating: A- View crime details
Schools: 6    Average School Rating: B View individual school rating
Household Median Income: $53,357
Unemployment: 8.90%
Percentage of vacant homes: 11.11%