Rockford, IL Home Values & Market Trends
Real estate market trends reflect that there have been 3,222 transactions over the past year in Rockford. The median value for residential home transactions that occurred over the previous year is $189,203. The number of current listings in Rockford is 2,320, and the percentage of properties for sale in the city is 2320.00%. Rockford, IL currently has 62 properties in foreclosure, 26 bank owned properties, 36 properties headed for auction, and 2,320 properties for sale.
Rockford, IL Real Estate Market Overview
Housing Market Summary for Rockford, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $175K | $189.9K | 8.51% |
| Median Sold Price | $163.7K | $171.5K | 4.71% |
| Homes For Sale | 1,255 | 2,251 | 79.36% |
| Homes Sold | 1,100 | 977 | -11.18% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Rockford, IL
Browse Homes in Rockford, IL
Rockford home values range from $20,209 to $1,500,000. The median estimated value of a home in Rockford is $189,203. The median list price of a home is 189,900, and the total count of properties in the city is 3,389.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Rockford, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 9 zips within Rockford, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rockford, IL ranges from the highest value of $214,670 in 61104 to the lowest value of $55,361 in 61101. Bank owned homes and properties account for 0.77% of properties in Rockford, IL. There are 9 zips within Rockford, IL; 61108 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61104 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Rockford, IL. Auction homes and other auction properties account for 1.06% of all properties in Rockford, IL. There are 9 zips within Rockford, IL; of those zips, the median estimated home value for homes going to auction ranges from $160,645 in 61114 to the lowest value of $48,895 in 61114.
Compare Nearby Cities
More Real Estate Resources for Rockford, IL
Guide for Rockford, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
