Rockford, IL 61101 Real Estate & Property Data

Rockford, IL 61101 Real Estate Market Trends
Last Updated: September 27, 2023

A total of 391 residential properties have been sold over the past 12 months in 61101. With a median sales price of $94,250 in 61101 and a total of 2 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 6,615
Total Commercial Properties 308
Avg. Home Age (Single Family Home) 73 Years
Avg. Square Feet (Single Family Home) 1,208
Total 2023 Residential Sales (year-to-date) 198
% of Homes Seriously Underwater (Q3 2023) 1.94%
Total 2022 Residential Sales 396
% of Equity Rich Homes (Q3 2023) 32.44%
Effective 2022 Property Tax 1.87%
Total Foreclosure Filings (year-to-date) 12
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Rockford, IL 61101 Real Estate Overview

There were 391 residential properties sold in the past year in Rockford, IL 61101. The median home value in Rockford, IL 61101 is $70,680. There are a total of 6,615 residential properties in the 61101.

Median Sales Price i
$94,250
(Jul 2023)
-8.5%
year-over-year
y-o-y
  • July '23 Jul '23 $94,250
  • June '23 Jun '23 $88,000
  • May '23 May '23 $95,750
  • April '23 Apr '23 $215,000
  • March '23 Mar '23 $119,000
  • February '23 Feb '23 $75,000
  • 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
Median Down Payment i
$11,270
(Jul 2023)
+168.3%
year-over-year
y-o-y
  • July '23 Jul '23 $11,270
  • June '23 Jun '23 $8,425
  • May '23 May '23 $3,281
  • April '23 Apr '23 $42,150
  • March '23 Mar '23 $6,650
  • February '23 Feb '23 $18,450
  • 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
Number of Homes Sold i
33
(Jul 2023)
+13.8%
year-over-year
y-o-y
  • July '23 Jul '23 33
  • June '23 Jun '23 46
  • May '23 May '23 31
  • April '23 Apr '23 20
  • March '23 Mar '23 29
  • February '23 Feb '23 21
  • January '23 Jan '23 18
  • December '22 Dec '22 24
  • November '22 Nov '22 29
  • October '22 Oct '22 36
  • September '22 Sep '22 43
  • August '22 Aug '22 32
Number of Purchase Loans i
15
(Jul 2023)
+15.4%
year-over-year
y-o-y
  • July '23 Jul '23 15
  • June '23 Jun '23 21
  • May '23 May '23 16
  • April '23 Apr '23 5
  • March '23 Mar '23 11
  • February '23 Feb '23 8
  • 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
Number of REFI Loans i
8
(Jul 2023)
-38.5%
year-over-year
y-o-y
  • July '23 Jul '23 8
  • June '23 Jun '23 6
  • May '23 May '23 10
  • April '23 Apr '23 3
  • March '23 Mar '23 6
  • February '23 Feb '23 3
  • January '23 Jan '23 9
  • December '22 Dec '22 6
  • November '22 Nov '22 9
  • October '22 Oct '22 11
  • September '22 Sep '22 14
  • August '22 Aug '22 16
Number of HELOC Loans i
2
(Jul 2023)
  • July '23 Jul '23 2
  • June '23 Jun '23 4
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 7
  • February '23 Feb '23 2
  • 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

Rockford, IL 61101 Foreclosure Activity

There were a total of 2 Rockford, IL 61101 properties with a foreclosure filing in July 2023.

Total Foreclosure Filings i
2
(Jul 2023)
-71.4%
year-over-year
y-o-y
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 2
  • February '23 Feb '23 1
  • 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
Foreclosure Starts i
  • 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
  • February '23 Feb '23 N/A
  • 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
Completed Foreclosures (REOs) i
1
(Jul 2023)
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 N/A
  • February '23 Feb '23 N/A
  • 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
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