Rockford, IL 61101 Real Estate & Property Data

Rockford, IL 61101 Real Estate Market Trends
Last Updated: March 24, 2023

A total of 414 residential properties have been sold over the past 12 months in 61101. With a median sales price of $71,000 in 61101 and a total of 3 foreclosures in Rockford, IL 61101. Discover market trends and get the granular level real estate data for Rockford, IL 61101 to keep your pulse on the housing market. Curate compelling home reports for Rockford, IL 61101 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Rockford, IL 61101 Real Estate Market Trends
Total Residential Properties 6,687
Total Commercial Properties 307
Avg. Home Age (Single Family Home) 73 Years
Avg. Square Feet (Single Family Home) 1,209
Total 2023 Residential Sales (year-to-date) 18
% of Homes Seriously Underwater (Q1 2023) 1.53%
Total 2022 Residential Sales 396
% of Equity Rich Homes (Q1 2023) 27.42%
Effective 2022 Property Tax 1.79%
Total Foreclosure Filings (year-to-date) 3
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Rockford, IL 61101 Real Estate Overview

There were 414 residential properties sold in the past year in Rockford, IL 61101. The median home value in Rockford, IL 61101 is $66,500. There are a total of 6,687 residential properties in the Rockford, IL 61101.

Median Sales Price i
$71,000
(Jan 2023)
-6.6%
year-over-year
y-o-y
  • January '23 Jan '23 $71,000
  • December '22 Dec '22 $119,954
  • November '22 Nov '22 $87,000
  • October '22 Oct '22 $81,000
  • September '22 Sep '22 $101,500
  • August '22 Aug '22 $78,000
  • July '22 Jul '22 $94,500
  • June '22 Jun '22 $77,500
  • May '22 May '22 $85,000
  • April '22 Apr '22 $67,250
  • March '22 Mar '22 $85,000
  • February '22 Feb '22 $67,500
Median Down Payment i
$12,000
(Jan 2023)
+100%
year-over-year
y-o-y
  • January '23 Jan '23 $12,000
  • December '22 Dec '22 $3,985
  • November '22 Nov '22 $16,000
  • October '22 Oct '22 $11,250
  • September '22 Sep '22 $9,085
  • August '22 Aug '22 $3,211
  • July '22 Jul '22 $4,250
  • June '22 Jun '22 $6,200
  • May '22 May '22 $11,719
  • April '22 Apr '22 $4,735
  • March '22 Mar '22 $3,337
  • February '22 Feb '22 $10,050
Number of Homes Sold i
18
(Jan 2023)
-21.7%
year-over-year
y-o-y
  • January '23 Jan '23 18
  • December '22 Dec '22 24
  • November '22 Nov '22 29
  • October '22 Oct '22 36
  • September '22 Sep '22 42
  • August '22 Aug '22 32
  • July '22 Jul '22 29
  • June '22 Jun '22 41
  • May '22 May '22 49
  • April '22 Apr '22 36
  • March '22 Mar '22 29
  • February '22 Feb '22 26
Number of Purchase Loans i
14
(Jan 2023)
+27.3%
year-over-year
y-o-y
  • January '23 Jan '23 14
  • December '22 Dec '22 12
  • November '22 Nov '22 10
  • October '22 Oct '22 19
  • September '22 Sep '22 23
  • August '22 Aug '22 15
  • July '22 Jul '22 13
  • June '22 Jun '22 12
  • May '22 May '22 14
  • April '22 Apr '22 13
  • March '22 Mar '22 13
  • February '22 Feb '22 7
Number of REFI Loans i
9
(Jan 2023)
-40%
year-over-year
y-o-y
  • January '23 Jan '23 9
  • December '22 Dec '22 6
  • November '22 Nov '22 9
  • October '22 Oct '22 11
  • September '22 Sep '22 13
  • August '22 Aug '22 16
  • July '22 Jul '22 13
  • June '22 Jun '22 5
  • May '22 May '22 6
  • April '22 Apr '22 10
  • March '22 Mar '22 19
  • February '22 Feb '22 18
Number of HELOC Loans i
5
(Jan 2023)
  • January '23 Jan '23 5
  • December '22 Dec '22 3
  • November '22 Nov '22 6
  • October '22 Oct '22 3
  • September '22 Sep '22 3
  • August '22 Aug '22 N/A
  • July '22 Jul '22 N/A
  • June '22 Jun '22 N/A
  • May '22 May '22 N/A
  • April '22 Apr '22 N/A
  • March '22 Mar '22 N/A
  • February '22 Feb '22 N/A

Rockford, IL 61101 Foreclosure Activity

There were a total of 3 Rockford, IL 61101 properties with a foreclosure filing in January 2023.

Total Foreclosure Filings i
3
(Jan 2023)
-25%
year-over-year
y-o-y
  • January '23 Jan '23 3
  • December '22 Dec '22 2
  • November '22 Nov '22 3
  • October '22 Oct '22 2
  • September '22 Sep '22 1
  • August '22 Aug '22 9
  • July '22 Jul '22 7
  • June '22 Jun '22 10
  • May '22 May '22 5
  • April '22 Apr '22 5
  • March '22 Mar '22 4
  • February '22 Feb '22 3
Foreclosure Starts i
  • January '23 Jan '23 N/A
  • December '22 Dec '22 N/A
  • November '22 Nov '22 1
  • October '22 Oct '22 1
  • September '22 Sep '22 N/A
  • August '22 Aug '22 4
  • July '22 Jul '22 4
  • June '22 Jun '22 6
  • May '22 May '22 1
  • April '22 Apr '22 5
  • March '22 Mar '22 4
  • February '22 Feb '22 2
Completed Foreclosures (REOs) i
3
(Jan 2023)
+50%
year-over-year
y-o-y
  • January '23 Jan '23 3
  • December '22 Dec '22 2
  • November '22 Nov '22 2
  • October '22 Oct '22 N/A
  • September '22 Sep '22 N/A
  • August '22 Aug '22 2
  • July '22 Jul '22 N/A
  • June '22 Jun '22 1
  • May '22 May '22 1
  • April '22 Apr '22 1
  • March '22 Mar '22 4
  • February '22 Feb '22 N/A
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