Rockford, IL 61108 Real Estate & Property Data

Rockford, IL 61108 Real Estate Market Trends
Last Updated: September 27, 2023

A total of 600 residential properties have been sold over the past 12 months in 61108. With a median sales price of $160,000 in 61108 and a total of 1 foreclosures in Rockford, IL 61108. Discover market trends and get the granular level real estate data for Rockford, IL 61108 to keep your pulse on the housing market. Curate compelling home reports for Rockford, IL 61108 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Rockford, IL 61108 Real Estate Market Trends
Total Residential Properties 9,987
Total Commercial Properties 570
Avg. Home Age (Single Family Home) 60 Years
Avg. Square Feet (Single Family Home) 1,403
Total 2023 Residential Sales (year-to-date) 275
% of Homes Seriously Underwater (Q3 2023) 0.41%
Total 2022 Residential Sales 632
% of Equity Rich Homes (Q3 2023) 49.77%
Effective 2022 Property Tax 2.03%
Total Foreclosure Filings (year-to-date) 22
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Rockford, IL 61108 Real Estate Overview

There were 600 residential properties sold in the past year in Rockford, IL 61108. The median home value in Rockford, IL 61108 is $159,110. There are a total of 9,987 residential properties in the 61108.

Median Sales Price i
$160,000
(Jul 2023)
+10.3%
year-over-year
y-o-y
  • July '23 Jul '23 $160,000
  • June '23 Jun '23 $160,000
  • May '23 May '23 $140,750
  • April '23 Apr '23 $138,000
  • March '23 Mar '23 $135,953
  • February '23 Feb '23 $134,750
  • January '23 Jan '23 $112,500
  • December '22 Dec '22 $129,000
  • November '22 Nov '22 $138,000
  • October '22 Oct '22 $130,000
  • September '22 Sep '22 $144,000
  • August '22 Aug '22 $122,500
Median Down Payment i
$18,000
(Jul 2023)
+30.9%
year-over-year
y-o-y
  • July '23 Jul '23 $18,000
  • June '23 Jun '23 $8,000
  • May '23 May '23 $12,750
  • April '23 Apr '23 $5,052
  • March '23 Mar '23 $7,225
  • February '23 Feb '23 $8,125
  • January '23 Jan '23 $6,250
  • December '22 Dec '22 $5,321
  • November '22 Nov '22 $6,500
  • October '22 Oct '22 $14,675
  • September '22 Sep '22 $9,705
  • August '22 Aug '22 $5,965
Number of Homes Sold i
55
(Jul 2023)
-27.6%
year-over-year
y-o-y
  • July '23 Jul '23 55
  • June '23 Jun '23 39
  • May '23 May '23 42
  • April '23 Apr '23 44
  • March '23 Mar '23 36
  • February '23 Feb '23 25
  • January '23 Jan '23 34
  • December '22 Dec '22 40
  • November '22 Nov '22 44
  • October '22 Oct '22 46
  • September '22 Sep '22 61
  • August '22 Aug '22 58
Number of Purchase Loans i
40
(Jul 2023)
-31%
year-over-year
y-o-y
  • July '23 Jul '23 40
  • June '23 Jun '23 26
  • May '23 May '23 30
  • April '23 Apr '23 34
  • March '23 Mar '23 22
  • February '23 Feb '23 13
  • January '23 Jan '23 18
  • December '22 Dec '22 36
  • November '22 Nov '22 24
  • October '22 Oct '22 30
  • September '22 Sep '22 39
  • August '22 Aug '22 32
Number of REFI Loans i
18
(Jul 2023)
-21.7%
year-over-year
y-o-y
  • July '23 Jul '23 18
  • June '23 Jun '23 20
  • May '23 May '23 14
  • April '23 Apr '23 13
  • March '23 Mar '23 17
  • February '23 Feb '23 14
  • January '23 Jan '23 7
  • December '22 Dec '22 7
  • November '22 Nov '22 18
  • October '22 Oct '22 16
  • September '22 Sep '22 30
  • August '22 Aug '22 25
Number of HELOC Loans i
6
(Jul 2023)
  • July '23 Jul '23 6
  • June '23 Jun '23 9
  • May '23 May '23 5
  • April '23 Apr '23 10
  • March '23 Mar '23 10
  • February '23 Feb '23 2
  • January '23 Jan '23 6
  • December '22 Dec '22 2
  • November '22 Nov '22 13
  • October '22 Oct '22 6
  • September '22 Sep '22 1
  • August '22 Aug '22 N/A

Rockford, IL 61108 Foreclosure Activity

There were a total of 1 Rockford, IL 61108 properties with a foreclosure filing in July 2023.

Total Foreclosure Filings i
1
(Jul 2023)
-88.9%
year-over-year
y-o-y
  • July '23 Jul '23 1
  • June '23 Jun '23 3
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 2
  • February '23 Feb '23 5
  • January '23 Jan '23 7
  • December '22 Dec '22 4
  • November '22 Nov '22 4
  • October '22 Oct '22 8
  • September '22 Sep '22 8
  • August '22 Aug '22 12
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 3
  • October '22 Oct '22 6
  • September '22 Sep '22 6
  • August '22 Aug '22 8
Completed Foreclosures (REOs) i
1
(Jul 2023)
-50%
year-over-year
y-o-y
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • 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 2
  • October '22 Oct '22 1
  • September '22 Sep '22 1
  • August '22 Aug '22 N/A
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