Real Estate Market Update for Rockford, IL
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 13% from one year earlier, and up 2% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 80-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 4%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 60-thousand dollars. The number of units sold decreased 16% year-over-year, and increased 15% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Rockford, IL
Area Information for Rockford, IL
  • Population: 154,359
  • Median Age: 35.61 yr
  • Median Commute Time: 16.21 mins
  • Educational Climate*: 3
  • Sales Tax: 8.25%
  • Population Density: 2,527/sq mi
  • Population Change Since 2000: .79%
  • Closest Airport: Chicago/rockford International
  • Closest College: Rockford College
  • Closest Jr. College: Rockford Career College
  • Median Household Income: $38,958
  • Annual Residential Turnover: 15.31%
  • Median Years in Residence: 3.81 yr
  • Median Home Sales Price: $71,350
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 2%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Rockford, IL
Median Age: 35.61 Married: 29% Number of Households: 61,940 Households with Children: 19,912
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Rockford, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Ryan Jury Child Development Learning Ctr 0.4 mi Private UNGRADE-UNGRADE 0 0
      John Nelson Elem School 0.5 mi Public K-5 1 2
      Abraham Lincoln Middle School 0.5 mi Public 6-8 0 3
      Rockford East High School 1.1 mi Public 9-12 1 3
      C Henry Bloom Elem School 1.1 mi Public K-5 1 5
      St James 1.1 mi Catholic PRESCHOOL-8 0 3
      Chicago International Charter - Rockford Patriots 1.1 mi Public K-4 0 0
      Cics Jackson 1.1 mi Public K-5 0 5
      Keith Country Day School 1.1 mi Private PRESCHOOL-12 0 4
      Montessori Learning Path 1.2 mi Private PRESCHOOL-K 0 0
      Fairview Center 1.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Kishwaukee Elem School 1.4 mi Public K-5 0 4
      Walker Elem School 1.4 mi Public K-5 1 4
      Maud E Johnson Elem School 1.4 mi Public K-5 2-5 4
      Easter Seals Therap Rockford 1.4 mi Private K-12 0 0
      St Peter Cathedral School 1.5 mi Catholic PRESCHOOL-8 0 4
      Haskell Academy 1.7 mi Public PRESCHOOL-5 1 0
      Roosevelt Center 1.7 mi Public 9-12 0 1
      Alpine Christian School 1.8 mi Private K-8 0 5
      St Paul Lutheran 1.8 mi Private PRESCHOOL-8 0 5
      Rolling Green/muhl School 1.9 mi Public PRESCHOOL-5 2-5 5
      Beyer Elem School 2.0 mi Public K-5 0 3
      Eisenhower Middle School 2.0 mi Public 6-8 1 3
      Holy Family School 2.0 mi Catholic PRESCHOOL-8 0 0
      Whitehead Elem School 2.0 mi Public K-5 1 2
      Lydia Urban Academy Rockford 2.1 mi Private 9-12 0 0
      R K Welsh Elementary School 2.1 mi Public K-5 1 4
      Marsh Elementary School 2.2 mi Public PRESCHOOL-5 1 5
      Bernard W Flinn Middle School 2.2 mi Public 6-8 1 2
      Washington Gifted School 2.3 mi Public 1-5 5 5
      Washington Communication Acad 2.3 mi Public 1-5 0 0
      West Middle School 2.3 mi Public 6-8 0 3
      St Bernadette 2.5 mi Catholic PRESCHOOL-8 0 0
      Spectrum School 2.5 mi Private PRESCHOOL-12 0 5
      Gregory Elem School 2.6 mi Public K-5 2-5 3
      Ellis Arts Academy 2.7 mi Public K-5 1 2
      Barbour Two Way Lang Immersion 2.7 mi Public K-8 1 5
      St Paul C O G I C Academy 2.7 mi Private PRESCHOOL-K 0 4
      St Edward 2.7 mi Catholic PRESCHOOL-8 0 0
      Swan Hillman Elem School 2.8 mi Public K-5 1 4
      Alpine Academy 2.8 mi Private PRESCHOOL-6 0 4
      Mt Sinai Learning Academy 2.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Lewis Lemon Elementary School 2.9 mi Public K-5 0 3
      A C Thompson Elem School 2.9 mi Public K-5 2 4
      Brookview Elem School 2.9 mi Public K-5 3-5 5
      Julia Lathrop Elem School 2.9 mi Public K-5 0 0
      Our Lady Sacred Heart Acad 2.9 mi Catholic K-12 0 0
      Summerdale Early Childhood Center 3.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Wm Nashold Elem School 3.0 mi Public 3-5 1 2
      Clifford P Carlson Elem School 3.1 mi Public K-5 1 4
      West View Elem School 3.1 mi Public PRESCHOOL-5 2 2
      Spring Creek Elem School 3.2 mi Public K-5 1 3
      Rockford Lutheran School 3.2 mi Private 6-12 0 0
      Galapagos Charter School 3.3 mi Public K-3 1 4
      Rockford Envrnmntl Science Acad 3.4 mi Public 6-8 0 2
      Riverdahl Elem School 3.5 mi Public PRESCHOOL-2 0 4
      Guilford High School 3.5 mi Public 9-12 1 3
      Conklin Elem School 3.5 mi Public K-5 1 0
      Rainbow Academy 3.5 mi Private PRESCHOOL-8 0 3
      Boylan Central Catholic High School 3.7 mi Catholic 9-12 0 4
      Sacred Heart Classical Center 3.7 mi Private 6-12 0 0
      Mcintosh Elem School 3.7 mi Public K-5 0 1
      Christian Life Center School 3.8 mi Private PRESCHOOL-12 0 4
      Auburn High School 3.9 mi Public 9-12 1 3
      Arthur Froberg Elem School 4.0 mi Public PRESCHOOL-2 3 4
      Rockford Iqra School 4.0 mi Private PRESCHOOL-12 0 4
      Dennis Early Childhood Center 4.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      North Love Christian School 4.3 mi Private PRESCHOOL-12 0 4
      St Rita School 4.3 mi Catholic PRESCHOOL-8 0 4
      Rocvale Childrens Home 4.4 mi Private - 0 0
      Jefferson High School 4.4 mi Public 9-12 1 3
      Thurgood Marshall Middle School 4.4 mi Public 4-8 0 0
      Kennedy Middle School 4.4 mi Public 6-8 0 2
      Montessori Magnet School 4.5 mi Public PRESCHOOL-3 2-5 5
      Legacy Acad Of Excellence Charter 4.5 mi Public K-9 1 0
      Berean Baptist Christian School 4.8 mi Private PRESCHOOL-12 0 0
      Rock River Academy 4.8 mi Private 5-12 0 0
      White Swan Elem School 4.9 mi Public PRESCHOOL-2 0 5
      Rockford Christian Schools 5.0 mi Private PRESCHOOL-12 0 5
      Cathedral Baptist School 5.0 mi Private PRESCHOOL-12 0 0
      Regional Alternative School 5.1 mi Public 9-12 0 0
      Regional Learning Ctr 5.1 mi Public 9-12 0 0
      Regional Learning Academy 5.1 mi Public 6-11 0 0
      Wilson Aspire 5.1 mi Public 7-7 0 0
      Kindercare Learning Center 5.1 mi Private K-5 0 0
      Montessori Private Academy Inc 5.4 mi Private PRESCHOOL-9 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Rockford, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.