Rockford, IL 61107 Real Estate & Property Data

Rockford, IL 61107 Real Estate Market Trends
Last Updated: June 09, 2023

A total of 740 residential properties have been sold over the past 12 months in 61107. With a median sales price of $195,000 in 61107 and a total of 1 foreclosures in Rockford, IL 61107. Discover market trends and get the granular level real estate data for Rockford, IL 61107 to keep your pulse on the housing market. Curate compelling home reports for Rockford, IL 61107 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Rockford, IL 61107 Real Estate Market Trends
Total Residential Properties 11,015
Total Commercial Properties 547
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 1,771
Total 2023 Residential Sales (year-to-date) 157
% of Homes Seriously Underwater (Q2 2023) 0.86%
Total 2022 Residential Sales 742
% of Equity Rich Homes (Q2 2023) 44.22%
Effective 2022 Property Tax 2.4%
Total Foreclosure Filings (year-to-date) 13
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Rockford, IL 61107 Real Estate Overview

There were 740 residential properties sold in the past year in Rockford, IL 61107. The median home value in Rockford, IL 61107 is $175,293. There are a total of 11,015 residential properties in the 61107.

Median Sales Price i
$195,000
(Apr 2023)
+30%
year-over-year
y-o-y
  • April '23 Apr '23 $195,000
  • March '23 Mar '23 $144,250
  • February '23 Feb '23 $145,000
  • January '23 Jan '23 $175,000
  • December '22 Dec '22 $150,750
  • November '22 Nov '22 $166,250
  • October '22 Oct '22 $160,000
  • September '22 Sep '22 $180,000
  • August '22 Aug '22 $165,000
  • July '22 Jul '22 $156,000
  • June '22 Jun '22 $175,000
  • May '22 May '22 $155,000
Median Down Payment i
$21,600
(Apr 2023)
+37.1%
year-over-year
y-o-y
  • April '23 Apr '23 $21,600
  • March '23 Mar '23 $22,500
  • February '23 Feb '23 $20,850
  • January '23 Jan '23 $8,746
  • December '22 Dec '22 $13,000
  • November '22 Nov '22 $29,000
  • October '22 Oct '22 $27,200
  • September '22 Sep '22 $15,000
  • August '22 Aug '22 $24,945
  • July '22 Jul '22 $16,400
  • June '22 Jun '22 $19,000
  • May '22 May '22 $9,020
Number of Homes Sold i
44
(Apr 2023)
-13.7%
year-over-year
y-o-y
  • April '23 Apr '23 44
  • March '23 Mar '23 53
  • February '23 Feb '23 29
  • January '23 Jan '23 31
  • December '22 Dec '22 41
  • November '22 Nov '22 63
  • October '22 Oct '22 66
  • September '22 Sep '22 72
  • August '22 Aug '22 95
  • July '22 Jul '22 67
  • June '22 Jun '22 72
  • May '22 May '22 56
Number of Purchase Loans i
29
(Apr 2023)
-23.7%
year-over-year
y-o-y
  • April '23 Apr '23 29
  • March '23 Mar '23 33
  • February '23 Feb '23 19
  • January '23 Jan '23 17
  • December '22 Dec '22 28
  • November '22 Nov '22 40
  • October '22 Oct '22 46
  • September '22 Sep '22 49
  • August '22 Aug '22 64
  • July '22 Jul '22 44
  • June '22 Jun '22 47
  • May '22 May '22 35
Number of REFI Loans i
7
(Apr 2023)
-86%
year-over-year
y-o-y
  • April '23 Apr '23 7
  • March '23 Mar '23 23
  • February '23 Feb '23 8
  • January '23 Jan '23 9
  • December '22 Dec '22 7
  • November '22 Nov '22 15
  • October '22 Oct '22 16
  • September '22 Sep '22 28
  • August '22 Aug '22 37
  • July '22 Jul '22 43
  • June '22 Jun '22 41
  • May '22 May '22 47
Number of HELOC Loans i
4
(Apr 2023)
  • April '23 Apr '23 4
  • March '23 Mar '23 9
  • February '23 Feb '23 3
  • January '23 Jan '23 5
  • December '22 Dec '22 14
  • November '22 Nov '22 15
  • October '22 Oct '22 13
  • September '22 Sep '22 4
  • August '22 Aug '22 N/A
  • July '22 Jul '22 N/A
  • June '22 Jun '22 N/A
  • May '22 May '22 N/A

Rockford, IL 61107 Foreclosure Activity

There were a total of 1 Rockford, IL 61107 properties with a foreclosure filing in April 2023.

Total Foreclosure Filings i
1
(Apr 2023)
-83.3%
year-over-year
y-o-y
  • April '23 Apr '23 1
  • March '23 Mar '23 4
  • February '23 Feb '23 3
  • January '23 Jan '23 5
  • December '22 Dec '22 2
  • November '22 Nov '22 4
  • October '22 Oct '22 7
  • September '22 Sep '22 5
  • August '22 Aug '22 4
  • July '22 Jul '22 4
  • June '22 Jun '22 9
  • May '22 May '22 8
Foreclosure Starts i
  • 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 5
  • September '22 Sep '22 3
  • August '22 Aug '22 2
  • July '22 Jul '22 3
  • June '22 Jun '22 8
  • May '22 May '22 5
Completed Foreclosures (REOs) i
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
  • February '23 Feb '23 2
  • January '23 Jan '23 N/A
  • December '22 Dec '22 N/A
  • November '22 Nov '22 N/A
  • October '22 Oct '22 1
  • September '22 Sep '22 N/A
  • August '22 Aug '22 2
  • July '22 Jul '22 2
  • June '22 Jun '22 1
  • May '22 May '22 N/A
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