Rock Falls, IL 61071 Real Estate & Property Data

Rock Falls, IL 61071 Real Estate Market Trends
Last Updated: September 27, 2023

A total of 276 residential properties have been sold over the past 12 months in 61071. With a median sales price of $127,950 in 61071 and a total of 4 foreclosures in Rock Falls, IL 61071. Discover market trends and get the granular level real estate data for Rock Falls, IL 61071 to keep your pulse on the housing market. Curate compelling home reports for Rock Falls, IL 61071 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Rock Falls, IL 61071 Real Estate Market Trends
Total Residential Properties 5,227
Total Commercial Properties 471
Avg. Home Age (Single Family Home) 50 Years
Avg. Square Feet (Single Family Home) 1,884
Total 2023 Residential Sales (year-to-date) 135
% of Homes Seriously Underwater (Q3 2023) 1.7%
Total 2022 Residential Sales 272
% of Equity Rich Homes (Q3 2023) 20.88%
Effective 2022 Property Tax 2.14%
Total Foreclosure Filings (year-to-date) 27
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Rock Falls, IL 61071 Real Estate Overview

There were 276 residential properties sold in the past year in Rock Falls, IL 61071. The median home value in Rock Falls, IL 61071 is $98,166. There are a total of 5,227 residential properties in the 61071.

Median Sales Price i
$127,950
(Jul 2023)
+9.4%
year-over-year
y-o-y
  • July '23 Jul '23 $127,950
  • June '23 Jun '23 $99,875
  • May '23 May '23 $117,580
  • April '23 Apr '23 $88,944
  • March '23 Mar '23 $89,001
  • February '23 Feb '23 $97,746
  • January '23 Jan '23 $103,865
  • December '22 Dec '22 $74,343
  • November '22 Nov '22 $127,500
  • October '22 Oct '22 $124,021
  • September '22 Sep '22 $86,907
  • August '22 Aug '22 $70,000
Median Down Payment i
$28,200
(Jul 2023)
+135%
year-over-year
y-o-y
  • July '23 Jul '23 $28,200
  • June '23 Jun '23 $18,000
  • May '23 May '23 $23,516
  • April '23 Apr '23 $17,789
  • March '23 Mar '23 $5,900
  • February '23 Feb '23 $6,800
  • January '23 Jan '23 $33,842
  • December '22 Dec '22 $11,583
  • November '22 Nov '22 $11,843
  • October '22 Oct '22 $9,283
  • September '22 Sep '22 $10,178
  • August '22 Aug '22 $7,375
Number of Homes Sold i
26
(Jul 2023)
+30%
year-over-year
y-o-y
  • July '23 Jul '23 26
  • June '23 Jun '23 21
  • May '23 May '23 23
  • April '23 Apr '23 24
  • March '23 Mar '23 20
  • February '23 Feb '23 9
  • January '23 Jan '23 12
  • December '22 Dec '22 26
  • November '22 Nov '22 25
  • October '22 Oct '22 19
  • September '22 Sep '22 15
  • August '22 Aug '22 36
Number of Purchase Loans i
15
(Jul 2023)
-6.2%
year-over-year
y-o-y
  • July '23 Jul '23 15
  • June '23 Jun '23 14
  • May '23 May '23 13
  • April '23 Apr '23 12
  • March '23 Mar '23 12
  • February '23 Feb '23 4
  • January '23 Jan '23 6
  • December '22 Dec '22 16
  • November '22 Nov '22 15
  • October '22 Oct '22 11
  • September '22 Sep '22 12
  • August '22 Aug '22 30
Number of REFI Loans i
5
(Jul 2023)
-61.5%
year-over-year
y-o-y
  • July '23 Jul '23 5
  • June '23 Jun '23 13
  • May '23 May '23 20
  • April '23 Apr '23 5
  • March '23 Mar '23 13
  • February '23 Feb '23 5
  • January '23 Jan '23 10
  • December '22 Dec '22 17
  • November '22 Nov '22 12
  • October '22 Oct '22 16
  • September '22 Sep '22 15
  • August '22 Aug '22 14
Number of HELOC Loans i
1
(Jul 2023)
year-over-year
y-o-y
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 1
  • February '23 Feb '23 N/A
  • January '23 Jan '23 N/A
  • December '22 Dec '22 N/A
  • November '22 Nov '22 N/A
  • October '22 Oct '22 N/A
  • September '22 Sep '22 2
  • August '22 Aug '22 N/A

Rock Falls, IL 61071 Foreclosure Activity

There were a total of 4 Rock Falls, IL 61071 properties with a foreclosure filing in July 2023. Lenders started the foreclosure process on 3 Rock Falls, IL 61071 properties and repossessed 1 Rock Falls, IL 61071 properties through completed foreclosures (REOs) in July 2023.

Total Foreclosure Filings i
4
(Jul 2023)
-33.3%
year-over-year
y-o-y
  • July '23 Jul '23 4
  • June '23 Jun '23 2
  • May '23 May '23 9
  • April '23 Apr '23 3
  • March '23 Mar '23 2
  • February '23 Feb '23 2
  • January '23 Jan '23 5
  • December '22 Dec '22 3
  • November '22 Nov '22 3
  • October '22 Oct '22 7
  • September '22 Sep '22 2
  • August '22 Aug '22 4
Foreclosure Starts i
3
(Jul 2023)
-50%
year-over-year
y-o-y
  • July '23 Jul '23 3
  • June '23 Jun '23 1
  • May '23 May '23 7
  • April '23 Apr '23 1
  • March '23 Mar '23 1
  • February '23 Feb '23 1
  • January '23 Jan '23 2
  • December '22 Dec '22 2
  • November '22 Nov '22 3
  • October '22 Oct '22 5
  • September '22 Sep '22 1
  • August '22 Aug '22 4
Completed Foreclosures (REOs) i
1
(Jul 2023)
year-over-year
y-o-y
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
  • February '23 Feb '23 1
  • January '23 Jan '23 N/A
  • December '22 Dec '22 1
  • November '22 Nov '22 N/A
  • October '22 Oct '22 1
  • September '22 Sep '22 1
  • August '22 Aug '22 N/A
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