Rockford, IL—61109
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$195,000
11.2% YoY Growth
Household Income
$61,700
25.3% YoY Growth
Days on Market
33
11.0% Longer YoY
Home Price Forecast
4.2%
Median Rent
$1,150
10.4% YoY Growth
1-Bed Rent
$875
37.3% YoY Growth
2-Bed Rent
$1,120
10.7% YoY Growth
3-Bed Rent
$1,400
2.2% YoY Growth
Home Price Trends — Rockford, IL
As of May '26, the median home price in Rockford, IL is $195,000, with a year-over-year change of 11.2%. This indicates that home prices in Rockford, IL are increasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 11.2% |
| Single Family | $196,000 | 11.4% |
| Condos | $158,000 | 8.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |