Rochelle, IL 61068 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Rochelle, IL—61068

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$197,000

2.7% YoY Growth

Household Income

$69,800

27.5% YoY Growth

Days on Market

4.0% Shorter YoY

Home Price Forecast

3.1%

Median Rent

$654

44.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$654

31.2% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Rochelle, IL

As of Dec '25, the median home price in Rochelle, IL is $197,000, with a year-over-year change of 2.7%. This indicates that home prices in Rochelle, IL are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$197,000	2.7%
Single Family	$199,000	3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Rochelle, IL

As of July '25, Rentcast reports the average rent in Rochelle, IL is $654, with a year-over-year rent change of -44.1%. Per bedroom, the median rent as of July '25 in Rochelle, IL is 2-bedrooms: $654. The most common rental property sizes in Rochelle, IL are 2-bedroom and 3-bedroom, accounting for 52.1% and 23.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$654	$654
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$654	$654
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.4%

1 Bedroom

19.3%

2 Bedrooms

52.1%

3 Bedrooms

23.3%

4 Bedrooms

1.7%

5+ Bedrooms

2.2%

Property Listings — Rochelle, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Rochelle, IL is 47. This is a decrease of -28.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$307,000	11.0%
Listing Count	25	29.0%
Listings as % of Homes	0.3%	29.0%
Days on Market	59	-4.0%

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Demographics — Rochelle, IL

As of the latest ACS Survey released in 2023, Rochelle, IL has a population of 15,100, which has increased by 5.5% over the past 5 years. Rochelle, IL is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,100	5.5%
% Under 18	21.7%	-10.7%
% Seniors	16.1%	5.9%
% WFH	6.8%	25.9%
% w/ College Degree	19.3%	25.3%

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As of the latest ACS Survey released in 2023, Rochelle, IL is a predominantly white area, with 67.7% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Rochelle, IL is hispanic, making up 25.9% of the population. Foreign-born residents account for 8.9% of the population in Rochelle, IL, and this percentage has decreased by 31.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	67.7%	-5.6%
% Black	2.7%	35.0%
% Hispanic	25.9%	8.8%
% Asian	0.6%	-33.3%
% Foreign Born	8.9%	-31.0%

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Mortgage and Risk — Rochelle, IL

According to HUD data as of 2023, there were 181 mortgage originations in Rochelle, IL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Rochelle, IL. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	181
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Rochelle, IL

Rochelle, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	206
Total Units Section 8	141
% Rentals under Section 8	6.7%
% Occupied Section 8	88.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$920
2 Bedroom	$546	$654	$1,200
3 Bedroom	N/A	N/A	$1,690
4 Bedroom	N/A	N/A	$2,030

Rochelle, IL—61068

Key Metrics at a Glance

Home Price Trends — Rochelle, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rochelle, IL

% of Rental Stock

Property Listings — Rochelle, IL

Demographics — Rochelle, IL

Race and Ethnicity

Mortgage and Risk — Rochelle, IL

Mortgages

Rentals and Section 8 — Rochelle, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Rochelle, IL

Home Price to Income Ratio

Rochelle, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Creston

Lindenwood, IL

Holcomb

Lee, IL

Esmond, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$197,000
Median Household Income	$69,800

Rochelle, IL—61068

Key Metrics at a Glance

Home Price Trends — Rochelle, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rochelle, IL

% of Rental Stock

Property Listings — Rochelle, IL

Demographics — Rochelle, IL

Race and Ethnicity

Mortgage and Risk — Rochelle, IL

Mortgages

Rentals and Section 8 — Rochelle, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Rochelle, IL

Home Price to Income Ratio

Rochelle, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Creston

Lindenwood, IL

Holcomb

Lee, IL

Esmond, IL

Frequently Asked Questions

What is the average home price in Rochelle, IL 61068?

How have home prices in Rochelle, IL 61068 changed over the past year?

What is the home price projection for Rochelle, IL 61068?

What are the demographics of Rochelle, IL 61068?

How long does it take homes to sell in Rochelle, IL 61068?

What is the average rent price in Rochelle, IL 61068?