Zip 61107 (Rockford, IL) Housing

The housing market in Rockford, IL (61107) is slightly higher than the national average. The median value of homes in this area is $166,700 compared to the US house median value of $338,100. There has been a 1 year house appreciation rate of 8.47%, which is higher than the US 1 year house appreciation rate of 8.27%. This shows that the housing market in Rockford, IL 61107 is doing well and may be a good area to consider if you are looking for a home.

The median home cost in Rockford (zip 61107) is $166,700. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Rockford (zip 61107) is up 12.6%.

Average Age of Homes

- The median age of Rockford (zip 61107) real estate is 51 years old

The Rental Market in Rockford (zip 61107)

- Renters make up 30.2% of the Rockford (zip 61107) population
- 1.6% of houses and apartments in Rockford (zip 61107), 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
	14,032.0	139,647,020.0
	57	42
	$166,700	$338,100
	12.6%	16.6%
	52.2%	57.0%
	55.4%	101.1%
	$33.52	$10.98
	$4,462	$2,690
	61.9%	57.4%
	7.5%	11.2%
	30.5%	31.4%
Vacant Housing
	1.6%	1.9%
	0.2%	0.4%
	1.3%	0.7%
	0.3%	0.4%
	0.1%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	1.7%	2.4%
	2.3%	2.8%
	6.6%	3.9%
	14.5%	4.5%
	33.0%	11.3%
	18.5%	13.0%
	14.1%	20.1%
	4.7%	13.6%
	1.7%	8.3%
	1.4%	9.7%
	0.4%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	10.9%	13.6%
	7.6%	13.2%
	12.7%	14.8%
	10.9%	13.6%
	21.4%	10.0%
	6.8%	4.7%
	14.5%	12.2%

Reviews for Rockford

See all (0)

Write a Review

Start Your Review of Rockford

Commute

The premier source for comprehensive city data for over 30 years.