Zip 61101 (Rockford, IL) Housing

The housing situation in 61101 Rockford, IL is more affordable than the national average. The median value of a home in 61101 Rockford, IL is $67,100 while the US house median value is $338,100. Over the last year, the appreciation rate of homes in 61101 Rockford, IL has risen to 8.47%, higher than the national average of 8.27%. This suggests that 61101 Rockford's housing market is relatively stable and can be a good investment option for those looking for an affordable home.

The median home cost in Rockford (zip 61101) is $67,100. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Rockford (zip 61101) is up 12.6%.

Average Age of Homes

- The median age of Rockford (zip 61101) real estate is 59 years old

The Rental Market in Rockford (zip 61101)

- Renters make up 42.6% of the Rockford (zip 61101) population
- 3.5% of houses and apartments in Rockford (zip 61101), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rockford, Illinois	United States
	8,655.0	139,647,020.0
	63	42
	$67,100	$338,100
	12.6%	16.6%
	52.2%	57.0%
	55.4%	101.1%
	$26.48	$10.98
	$1,864	$2,690
	47.5%	57.4%
	10.8%	11.2%
	41.7%	31.4%
Vacant Housing
	3.5%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	1.7%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	10.0%	2.4%
	24.7%	2.8%
	17.5%	3.9%
	10.2%	4.5%
	14.9%	11.3%
	12.1%	13.0%
	5.4%	20.1%
	0.7%	13.6%
	1.5%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	3.0%	13.6%
	3.3%	13.2%
	12.7%	14.8%
	3.0%	13.6%
	23.2%	10.0%
	9.7%	4.7%
	20.8%	12.2%

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