The Rockford housing market is very competitive. The median sale price of a home in Rockford was $152K last month, up 21.6% since last year. The median sale price per square foot in Rockford is $90, up 9.8% since last year.
What is the housing market like in Rockford today?
In March 2024, Rockford home prices were up 21.6% compared to last year, selling for a median price of $152K. On average, homes in Rockford sell after 16 days on the market compared to 14 days last year. There were 140 homes sold in March this year, down from 146 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$152,000
+21.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Rockford, IL
$152,000
+21.6%
United States
To compare other locations to the Rockford and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Rockford's median sale price is 64% lower than the national average. Overall cost of living in Rockford is 14% lower than the national average. Learn which home features in Rockford add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Rockford housing market?
Rockford is very competitive. Homes sell in 16 days.
0
100
77
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 16 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Rockford
Explore recent offers and recently sold homes in Rockford
Homes in this area are served by the Rockford School District 205 and Boone Winnebago Regional Office of Education.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Thurgood Marshall School
Public • 5-8
471
Students
2 reviews
10/10
Thurgood Marshall Elementary
Public • 1-4
391
Students
9 reviews
7/10
Montessori Elementary School
Public • PreK-8 • Choice school
584
Students
3 reviews
6/10
Brookview Elementary School
Public • K-5
557
Students
5 reviews
5/10
Swan Hillman Elementary School
Public • K-5
578
Students
1 reviews
Only showing 5 of
35 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Rockford housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rockford.
Risk Factor
Flood Factor - Severe
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rockford has a severe risk of flooding. 5,373 properties in Rockford are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Rockford. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rockford has a moderate risk of wildfire. There are 771 properties in Rockford that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Rockford.