The housing market in 61109 Rockford, IL is an attractive option for potential homeowners. The median value of a house in this area is $137,200, which is significantly lower than the US median value of $338,100. Additionally, the one year appreciation rate of 8.47% is slightly higher than the national average of 8.27%, making this area even more appealing to potential buyers. With a lower median value and slightly higher appreciation rate, 61109 Rockford, IL is an attractive option for those interested in investing in real estate.
The median home cost in Rockford (zip 61109) is $137,200. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Rockford (zip 61109) is up 12.6%.
Average Age of Homes
- The median age of Rockford (zip 61109) real estate is 44 years old
The Rental Market in Rockford (zip 61109)
- Renters make up 34.9% of the Rockford (zip 61109) population
- 1.9% of houses and apartments in Rockford (zip 61109), 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.