61108 Real Estate Market

61108 Market

The median sale price for homes in 61108 over the last 12 months is $90,000.


The median mortgage debt is $80,292.

Additional Statistics for Single Family Homes and Condos in Rockford, IL
$91,130
Median Listing Price
84
Median Days on Market
300
Active Listings
12.3%
Distressed Listings
(foreclosures and short sales)
61108 (Rockford, IL) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Rockford is $85,000. The list prices increased by 0.11% from the previous month.

The price per square foot for listings in this area is $61.

The median sale price in December for single family homes is $72,450. The sale prices dropped by -2.75% from the previous month.

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61108 (Rockford, IL) Market Inventory Trends

The number of active listings in Rockford increased by 4.6% from the previous month.

The median number of days active properties have been listed is 85.

The number of sales in December dropped by 60% from the previous month.

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61108 (Rockford, 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.