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Rockford, IL Housing Market

$160,841

10.1% 1-yr

The average Rockford, IL home value is $160,841, up 10.1% over the past year and goes to pending in around 7 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Rockford Key Takeaways

Typical Home Values: $160,841

1-year Value Change: +10.1%

(Data through March 31, 2025)

Rockford Housing Market Overview

--1-year Market Forecast
305For sale inventory(March 31, 2025)
148New listings(March 31, 2025)
0.998Median sale to list ratio(February 28, 2025)
$145,500Median sale price(February 28, 2025)
$179,267Median list price(March 31, 2025)
33.3%Percent of sales over list price(February 28, 2025)
48.1%Percent of sales under list price(February 28, 2025)
7Median days to pending(March 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Rockford

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Rockford Rental Market Trends

$1,185Average rent in Rockford(March 31, 2025)
$2,005National average rent(March 31, 2025)
1.4%Month-over-month change(March 31, 2025)
9.0%Year-over-year change(March 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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