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Condo Foreclosures in Rockford, IL

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Rockford, IL Foreclosures

How much do homes sell for in Rockford, IL?
The average home price is currently $203,462.
In Rockford, IL, how many homes are available?
There are currently 39 active home listings available in Rockford.
What’s the average rental cost in Rockford, IL?
The average rental price in Rockford is $1,128.
What is the most expensive home in Rockford?
The most expensive home sold in Rockford had a price of $41,880,488.
What is currently the cheapest priced home in Rockford, IL?
The cheapest home for sale in Rockford is priced at $10,118.

Living in Rockford, IL

Rockford, IL, is a city rich in history and culture, offering a blend of small-town charm and big-city amenities. Outdoor enthusiasts will love the extensive parks and recreational options, while families benefit from quality education options. With a growing job market and a thriving community, Rockford is an attractive destination for homebuyers.

Current Market Conditions in Rockford, IL

The Rockford real estate market has shown resilient growth, with significant increases in property values over the past year. As the city attracts more investments and professionals, homes are in high demand, contributing to a competitive market for buyers.

A trend towards suburban living is evident in Rockford, with many buyers looking for spacious homes and yards, leading to an uptick in new constructions and home sales in family-oriented neighborhoods.

Home Value Estimator For Rockford, IL

There are currently 64,831 real estate properties in Rockford, IL, with a median automated valuation model (AVM) price of $167,051.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rockford, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rockford, IL, is $203,462.00, with the most expensive house in Rockford, IL, topping out at $41,880,488.00 and the cheapest home in Rockford, IL, clocking in at $10,118.00. In other words, there’s something for every potential homebuyer or savvy investor in Rockford, IL!

Rent Prices In Rockford, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rockford, IL, is on a rollercoaster ride. The average rent price in Rockford, IL, is $1,128.00. Indeed, when looking to rent in Rockford, IL, you can expect to pay as little as $430.00 or as much as $3,100.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Rockford, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Rockford, IL Condos

Market Trend for Rockford, IL

Total Listings Available: 39

Market Values:

Home Prices from $10,118 to $41,880,488

Average Sales Price: $203,462

Rental Values:

Rental from $430 to $3,100

Average Rent Value: $1,128 / month

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