Real Estate Market Update for Winnebago, IL
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up nearly 125% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 180-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 58%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 100-thousand dollars. The number of units sold was consistent year-over-year, and increased 100% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. 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 Winnebago, IL

Area Information for Winnebago, IL
  • Population: 3,083
  • Median Age: 41.48 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 1,617/sq mi
  • Population Change Since 2000: -2.49%
  • Closest Airport: Chicago/rockford International
  • Closest College: Rockford College
  • Closest Jr. College: Rockford Career College
  • Median Household Income: $81,858
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $163,500
  • Closest Major Sports Team: Beloit Snappers (a)
  • Change Avg. Household Income Since 2000: 47.03%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Winnebago, IL
Median Age: 41.48 Married: 52% Number of Households: 1,136 Households with Children: 308
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 Winnebago, IL

      School Name Distance Type Grades School Rating
      Winnebago Middle School 0.5 mi Public 6-8 4
      Winnebago High School 0.6 mi Public 9-12 4
      Jean Mcnair Elementary School 0.6 mi Public 3-5 3
      Dorothy Simon Elementary School 0.9 mi Public PRESCHOOL-2 0
      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.
      Local Weather for Winnebago, IL
        Data powered by Attom Data Solutions. Copyright© 2022. Information 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.
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