South Beloit Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $119,900
    0% ( $50 ) vs May 2014
  • Median Sales Price
    $112,500
    5% ( $6,500 ) vs May 2014
  • Median Foreclosure Sales Price
    $105,000
    0% ( $0 ) vs May 2014
  • Foreclosures 49
    Homes for Sale 41
    Recently Sold 49

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 41.

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

Home sales for May 2015 were up 175% compared with the previous month, and up 22% compared with a year ago. The median sales price of a non-distressed home was $112,500. The median sales price of a foreclosure home was $105,000, or 7% lower than non-distressed home sales.

Sales Prices - South Beloit, IL




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$105,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $112,500 (Median Sales Price) $119,000 (Median Sales Price) $104,000 (Median Sales Price) $119,750 (Median Sales Price) $110,500 (Median Sales Price) $110,500 (Median Sales Price) $105,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $112,500 (Median Sales Price) $119,000 (Median Sales Price) $104,000 (Median Sales Price) $119,750 (Median Sales Price) $110,500 (Median Sales Price) $110,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
230
14.5
% (y-o-y)
$71,915
14.2
% (y-o-y)
40.3%
53.2
% (y-o-y)
Loves Park
29
11.5
% (y-o-y)
$92,500
15.6
% (y-o-y)
44.4%
46.6
% (y-o-y)
Machesney Park
25
25.0
% (y-o-y)
$74,125
26.6
% (y-o-y)
51.5%
59.6
% (y-o-y)
Roscoe
23
9.5
% (y-o-y)
$173,500
17.5
% (y-o-y)
57.3%
29.8
% (y-o-y)
Rockton
19
0.0
% (y-o-y)
$170,500
42.1
% (y-o-y)
Data not available
Durand
2
75.0
% (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: 33.86     Rating: A- View crime details
Schools: 6    Average School Rating: B View individual school rating
Household Median Income: $53,357
Unemployment: 6.00%
Percentage of vacant homes: 11.11%