61008 Real Estate Market

61008 Market

The median sale price for homes in 61008 over the last 12 months is $127,000.


The median mortgage debt is $116,664.

Additional Statistics for Single Family Homes and Condos in Belvidere, IL
$119,160
Median Listing Price
139
Median Days on Market
329
Active Listings
16.7%
Distressed Listings
(foreclosures and short sales)
61008 (Belvidere, IL) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Belvidere is $119,000. The list prices increased by 3.52% from the previous month.

The price per square foot for listings in this area is $82.

The median sale price in January for single family homes is $119,000. The sale prices increased by 25.26% from the previous month.

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61008 (Belvidere, IL) Market Inventory Trends

The number of active listings in Belvidere dropped by 1.9% from the previous month.

The median number of days active properties have been listed is 139.

The number of sales in January dropped by 88.9% from the previous month.

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61008 (Belvidere, IL) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.