Rockford, IA has a median house value of $160,200, which is significantly lower than the US median house value of $338,100. Despite this difference in cost, housing in Rockford has experienced a higher 1 year appreciation rate of 11.88%, when compared to the US 1 year house appreciation rate of 8.27%. Therefore, Rockford has seen an impressive increase in property value over the past year.
The median home cost in Rockford is $160,200. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Rockford is up 15.9%.
Average Age of Homes
- The median age of Rockford real estate is 78 years old
The Rental Market in Rockford
- Renters make up 18.7% of the Rockford population
- 1.3% of houses and apartments in Rockford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.