Rockford, IL
Housing market overview · Updated weekly
$160,000median sale price
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
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
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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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