South Beloit Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $122,400
    6% ( $7,400 ) vs Mar 2015
  • Median Sales Price
    $119,750
    10% ( $10,750 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $55,550
    34% ( $28,700 ) vs Mar 2015
  • Foreclosures 50
    Homes for Sale 37
    Recently Sold 91

Market Summary

There are currently 50 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 37.

In April, the number of properties that received a foreclosure filing in South Beloit, IL was 14% lower than the previous month and 25% lower than the same time last year.

Home sales for March 2016 were up 0% compared with the previous month, and up 900% compared with a year ago. The median sales price of a non-distressed home was $119,750. The median sales price of a foreclosure home was $55,550, or 54% lower than non-distressed home sales.

Sales Prices - South Beloit, IL




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$55,550 (Median Foreclosure Sales Price) $84,250 (Median Foreclosure Sales Price) $84,000 (Median Foreclosure Sales Price) $76,900 (Median Foreclosure Sales Price) $46,820 (Median Foreclosure Sales Price) $54,320 (Median Foreclosure Sales Price) $119,750 (Median Sales Price) $109,000 (Median Sales Price) $130,000 (Median Sales Price) $117,500 (Median Sales Price) $117,500 (Median Sales Price) $0 (Median 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) $46,820 (Median Foreclosure Sales Price) $54,320 (Median Foreclosure Sales Price) $119,750 (Median Sales Price) $109,000 (Median Sales Price) $130,000 (Median Sales Price) $117,500 (Median Sales Price) $117,500 (Median Sales Price) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
326
145.1
% (y-o-y)
$72,000
29.5
% (y-o-y)
48.9%
18.1
% (y-o-y)
Loves Park
47
370.0
% (y-o-y)
$82,000
26.2
% (y-o-y)
50.7%
3.1
% (y-o-y)
Machesney Park
39
105.3
% (y-o-y)
$91,500
14.4
% (y-o-y)
29.0%
58.9
% (y-o-y)
Roscoe
34
466.7
% (y-o-y)
$179,900
22.2
% (y-o-y)
38.9%
59.3
% (y-o-y)
Rockton
24
700.0
% (y-o-y)
$160,000
26.1
% (y-o-y)
34.4%
0.0
% (y-o-y)
Durand
3
200.0
% (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: 7.70%
Percentage of vacant homes: 11.11%

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