Rockford, IL 61103 Real Estate & Property Data

Rockford, IL 61103 Real Estate Market Trends
Last Updated: September 27, 2023

A total of 496 residential properties have been sold over the past 12 months in 61103. With a median sales price of $125,000 in 61103 and a total of 5 foreclosures in Rockford, IL 61103. Discover market trends and get the granular level real estate data for Rockford, IL 61103 to keep your pulse on the housing market. Curate compelling home reports for Rockford, IL 61103 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Rockford, IL 61103 Real Estate Market Trends
Total Residential Properties 7,378
Total Commercial Properties 410
Avg. Home Age (Single Family Home) 81 Years
Avg. Square Feet (Single Family Home) 1,448
Total 2023 Residential Sales (year-to-date) 224
% of Homes Seriously Underwater (Q3 2023) 1.34%
Total 2022 Residential Sales 550
% of Equity Rich Homes (Q3 2023) 39.67%
Effective 2022 Property Tax 2.03%
Total Foreclosure Filings (year-to-date) 18
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Rockford, IL 61103 Real Estate Overview

There were 496 residential properties sold in the past year in Rockford, IL 61103. The median home value in Rockford, IL 61103 is $114,566. There are a total of 7,378 residential properties in the 61103.

Median Sales Price i
$125,000
(Jul 2023)
-2.3%
year-over-year
y-o-y
  • July '23 Jul '23 $125,000
  • June '23 Jun '23 $122,000
  • May '23 May '23 $113,750
  • April '23 Apr '23 $112,000
  • March '23 Mar '23 $108,000
  • February '23 Feb '23 $110,000
  • January '23 Jan '23 $104,500
  • December '22 Dec '22 $122,500
  • November '22 Nov '22 $120,000
  • October '22 Oct '22 $127,500
  • September '22 Sep '22 $105,500
  • August '22 Aug '22 $114,000
Median Down Payment i
$18,000
(Jul 2023)
+115.8%
year-over-year
y-o-y
  • July '23 Jul '23 $18,000
  • June '23 Jun '23 $21,300
  • May '23 May '23 $7,905
  • April '23 Apr '23 $5,400
  • March '23 Mar '23 $11,400
  • February '23 Feb '23 $13,449
  • January '23 Jan '23 $2,760
  • December '22 Dec '22 $4,975
  • November '22 Nov '22 $7,000
  • October '22 Oct '22 $8,000
  • September '22 Sep '22 $7,797
  • August '22 Aug '22 $13,305
Number of Homes Sold i
37
(Jul 2023)
-41.3%
year-over-year
y-o-y
  • July '23 Jul '23 37
  • June '23 Jun '23 35
  • May '23 May '23 39
  • April '23 Apr '23 36
  • March '23 Mar '23 26
  • February '23 Feb '23 30
  • January '23 Jan '23 21
  • December '22 Dec '22 30
  • November '22 Nov '22 39
  • October '22 Oct '22 50
  • September '22 Sep '22 45
  • August '22 Aug '22 45
Number of Purchase Loans i
19
(Jul 2023)
-48.6%
year-over-year
y-o-y
  • July '23 Jul '23 19
  • June '23 Jun '23 16
  • May '23 May '23 25
  • April '23 Apr '23 28
  • March '23 Mar '23 15
  • February '23 Feb '23 15
  • January '23 Jan '23 9
  • December '22 Dec '22 19
  • November '22 Nov '22 25
  • October '22 Oct '22 25
  • September '22 Sep '22 28
  • August '22 Aug '22 29
Number of REFI Loans i
11
(Jul 2023)
-47.6%
year-over-year
y-o-y
  • July '23 Jul '23 11
  • June '23 Jun '23 14
  • May '23 May '23 9
  • April '23 Apr '23 5
  • March '23 Mar '23 27
  • February '23 Feb '23 4
  • January '23 Jan '23 7
  • December '22 Dec '22 6
  • November '22 Nov '22 16
  • October '22 Oct '22 9
  • September '22 Sep '22 20
  • August '22 Aug '22 15
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 6
  • March '23 Mar '23 6
  • February '23 Feb '23 N/A
  • January '23 Jan '23 3
  • December '22 Dec '22 5
  • November '22 Nov '22 7
  • October '22 Oct '22 7
  • September '22 Sep '22 1
  • August '22 Aug '22 N/A

Rockford, IL 61103 Foreclosure Activity

There were a total of 5 Rockford, IL 61103 properties with a foreclosure filing in July 2023.

Total Foreclosure Filings i
5
(Jul 2023)
-16.7%
year-over-year
y-o-y
  • July '23 Jul '23 5
  • June '23 Jun '23 1
  • May '23 May '23 4
  • April '23 Apr '23 2
  • March '23 Mar '23 2
  • February '23 Feb '23 N/A
  • January '23 Jan '23 4
  • December '22 Dec '22 1
  • November '22 Nov '22 2
  • October '22 Oct '22 7
  • September '22 Sep '22 1
  • August '22 Aug '22 5
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 6
  • September '22 Sep '22 1
  • August '22 Aug '22 4
Completed Foreclosures (REOs) i
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
  • February '23 Feb '23 1
  • January '23 Jan '23 N/A
  • December '22 Dec '22 N/A
  • November '22 Nov '22 1
  • October '22 Oct '22 N/A
  • September '22 Sep '22 N/A
  • August '22 Aug '22 N/A
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