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Rockford, IL Real Estate & Property Data

Rockford Real Estate Market Trends

Last Updated: April 25, 2024

Accurate and comprehensive real estate data is critical for insight into Rockford, IL. ATTOM’s Rockford real estate data is updated daily, and current market trends show that in Rockford, IL a total of 3,410 residential properties have sold over the past year. With a median home price of $170,000 in Rockford and a total of 11 foreclosures. Get detailed property data for Rockford, IL instantly. ATTOM is your one-stop-shop for the Rockford property reports and real estate data you need in Rockford, IL.

Rockford Real Estate Market Trends

Get property data for any address in Rockford, IL or the country:

Total Residential Properties 59,390

Total Commercial Properties 3,765

Avg. Home Age (Single Family Home) 65 Years

Avg. Square Feet (Single Family Home) 1,496

Total 2024 Residential Sales (year-to-date) 411

% of Homes Seriously Underwater (Q2 2024) 0.8%

Total 2023 Residential Sales 3,181

% of Equity Rich Homes (Q2 2024) 41.62%

Effective 2023 Property Tax 2.04%

Total Foreclosure Filings (year-to-date) 21

Rockford, IL Real Estate Overview

There were 3,410 residential properties sold in the past year in Rockford, IL. The median home value in Rockford, IL is $149,715. There are a total of 59,390 residential properties in the Rockford.

Median Sales Price i

$170,000

(Feb 2024)

+22.3%

year-over-year

y-o-y

February '24 Feb '24 $170,000
January '24 Jan '24 $150,000
December '23 Dec '23 $139,000
November '23 Nov '23 $150,000
October '23 Oct '23 $155,000
September '23 Sep '23 $161,500
August '23 Aug '23 $161,000
July '23 Jul '23 $157,500
June '23 Jun '23 $166,000
May '23 May '23 $148,500
April '23 Apr '23 $147,500
March '23 Mar '23 $135,500

Median Down Payment i

$13,650

(Feb 2024)

-0.5%

year-over-year

y-o-y

February '24 Feb '24 $13,650
January '24 Jan '24 $12,600
December '23 Dec '23 $20,000
November '23 Nov '23 $15,825
October '23 Oct '23 $18,000
September '23 Sep '23 $13,080
August '23 Aug '23 $12,833
July '23 Jul '23 $16,750
June '23 Jun '23 $15,000
May '23 May '23 $11,500
April '23 Apr '23 $9,897
March '23 Mar '23 $13,500

Number of Homes Sold i

188

(Feb 2024)

+6.8%

year-over-year

y-o-y

February '24 Feb '24 188
January '24 Jan '24 223
December '23 Dec '23 265
November '23 Nov '23 270
October '23 Oct '23 319
September '23 Sep '23 324
August '23 Aug '23 351
July '23 Jul '23 263
June '23 Jun '23 305
May '23 May '23 273
April '23 Apr '23 221
March '23 Mar '23 232

Number of Purchase Loans i

86

(Feb 2024)

+3.6%

year-over-year

y-o-y

February '24 Feb '24 86
January '24 Jan '24 119
December '23 Dec '23 159
November '23 Nov '23 158
October '23 Oct '23 184
September '23 Sep '23 194
August '23 Aug '23 184
July '23 Jul '23 151
June '23 Jun '23 163
May '23 May '23 163
April '23 Apr '23 131
March '23 Mar '23 123

Number of REFI Loans i

82

(Feb 2024)

+54.7%

year-over-year

y-o-y

February '24 Feb '24 82
January '24 Jan '24 104
December '23 Dec '23 88
November '23 Nov '23 114
October '23 Oct '23 87
September '23 Sep '23 97
August '23 Aug '23 113
July '23 Jul '23 82
June '23 Jun '23 99
May '23 May '23 78
April '23 Apr '23 46
March '23 Mar '23 98

Number of HELOC Loans i

27

(Feb 2024)

+92.9%

year-over-year

y-o-y

February '24 Feb '24 27
January '24 Jan '24 44
December '23 Dec '23 39
November '23 Nov '23 41
October '23 Oct '23 40
September '23 Sep '23 68
August '23 Aug '23 45
July '23 Jul '23 39
June '23 Jun '23 43
May '23 May '23 33
April '23 Apr '23 40
March '23 Mar '23 45

Rockford, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

61101
$149,715 $100.08/sqft
61102
$71,734 $52.89/sqft
61103
$116,437 $80.44/sqft
61104
$77,651 $57.7/sqft
61107
$185,468 $104.65/sqft
61108
$159,130 $113.39/sqft
61109
$170,000 $125.32/sqft
61112
61114
$234,000 $116.78/sqft

Rockford, IL Foreclosure Activity

There were a total of 11 Rockford, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

11

(Feb 2024)

-26.7%

year-over-year

y-o-y

February '24 Feb '24 11
January '24 Jan '24 10
December '23 Dec '23 15
November '23 Nov '23 8
October '23 Oct '23 12
September '23 Sep '23 9
August '23 Aug '23 9
July '23 Jul '23 14
June '23 Jun '23 7
May '23 May '23 13
April '23 Apr '23 11
March '23 Mar '23 19

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

7

(Feb 2024)

+16.7%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 6
December '23 Dec '23 1
November '23 Nov '23 4
October '23 Oct '23 2
September '23 Sep '23 9
August '23 Aug '23 5
July '23 Jul '23 6
June '23 Jun '23 4
May '23 May '23 8
April '23 Apr '23 3
March '23 Mar '23 5

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