Rockford - IL housing market

The typical home value ($224,377) is the Zillow Home Value Index for the Rockford - IL metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 8.8% over the past year. In Rockford - IL, that means a home worth $206,229 last year is now worth roughly $224,377.

The median sale price, what homes actually close for, is $204,763. Homes are selling at 100.8% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Rockford - IL sit on the market for roughly 6 days before going pending. Shorter = seller's market; longer = buyer's market.

About 17.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 423 new listings hit the market each month in Rockford - IL. There are currently 749 homes for sale, up 4.3% from a year ago.

The typical monthly rent in Rockford - IL is $1,258, up 6.8% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.9x, buying territory (#150 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,154 a month in principal and interest, $104 less than renting before taxes, insurance and upkeep. The two break even at a 7.52% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →