South Beloit Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $124,900
    2% ( $2,500 ) vs Apr 2015
  • Median Sales Price
    $99,000
    17% ( $20,750 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $33,000
    41% ( $22,550 ) vs Apr 2015
  • Foreclosures 51
    Homes for Sale 35
    Recently Sold 85

Market Summary

There are currently 51 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 35.

In May, the number of properties that received a foreclosure filing in South Beloit, IL was 50% higher than the previous month and 29% higher than the same time last year.

Home sales for April 2016 were up 110% compared with the previous month, and up 425% compared with a year ago. The median sales price of a non-distressed home was $99,000. The median sales price of a foreclosure home was $33,000, or 67% lower than non-distressed home sales.

Sales Prices - South Beloit, IL




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$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) $46,820 (Median Foreclosure 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) $117,500 (Median 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) $46,820 (Median Foreclosure 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) $117,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
261
87.8
% (y-o-y)
$75,000
17.2
% (y-o-y)
49.3%
35.9
% (y-o-y)
Machesney Park
40
135.3
% (y-o-y)
$91,500
19.5
% (y-o-y)
45.4%
53.1
% (y-o-y)
Loves Park
32
166.7
% (y-o-y)
$99,250
47.0
% (y-o-y)
55.9%
3.4
% (y-o-y)
Rockton
24
300.0
% (y-o-y)
$160,000
10.3
% (y-o-y)
29.2%
0.0
% (y-o-y)
Roscoe
24
166.7
% (y-o-y)
$176,250
19.9
% (y-o-y)
24.2%
54.1
% (y-o-y)
Durand
3
200.0
% (y-o-y)
Data not available
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: 7.00%
Percentage of vacant homes: 11.11%

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