Rockford, IL Housing Market & Real Estate

Seller's market-3.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Rockford, IL is $160,000, down 3.6% year-over-year. Homes sell in an average of 25 days with 166 active listings. The market is currently a seller's market.

$160,000median sale price

Is Rockford a buyer's or seller's market?

Seller's market1.6 months of supply25 avg. days on market

Rockford, IL is currently a seller's market, based on 1.6 months of supply and homes selling in about 25 days. How we determine this →

Homes sold

101

Last 12 weeks

Days on market

25

Average pace

Active listings

166

1.6 months supply

Sale-to-list

97.3%

Below asking

Rockford, IL market data

Current housing market statistics for Rockford, IL
MetricValue
Median sale price$160,000
Median list price$169,950
Year-over-year price change-3.6%
Average days on market25 days
Active inventory166 listings
Months of supply1.6 months
Sale-to-list price ratio97.3%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Rockford housing market is currently classified as a seller's market with a median sale price of $160,000. Prices have fallen 3.6% compared to last year, with homes spending an average of 25 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Rockford

There are currently 166 homes listed for sale in Rockford, Illinois. The median listing price is $170K.

Active listings

166

Homes on market

Median list price

$170K

Avg. days on market

25

Days until sale

New this week

107

Newly listed

Price drops:23.5%of listings
Sale-to-list:97.3%

Top public schools in Rockford

45 schools tracked · 27,661 students

The largest public schools serving Rockford, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Jefferson High School

Grades 9-12 · 2,170 students

Public

Guilford High School

Grades 9-12 · 2,161 students

Public

Auburn High School

Grades 9-12 · 1,985 students

Public

Rockford East High School

Grades 9-12 · 1,708 students

Public

Rockford Envrnmntl Science Acad

Grades 6-8 · 1,032 students

Public

Eisenhower Middle School

Grades 6-8 · 985 students

Public

Bernard W Flinn Middle School

Grades 6-8 · 800 students

Public

West Middle School

Grades 6-8 · 794 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Rockford?

The median home sale price in Rockford is $160,000, down 3.6% from last year.

How long do homes stay on market in Rockford?

Homes typically spend 25 days on market before going under contract.

Is Rockford a buyer's or seller's market?

With 1.6 months of supply, Rockford is currently a seller's market.

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