Rockford, IL metro area Housing Market
Warm MarketComprehensive housing market data for the Rockford, IL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$215K
↑ 12.3% YoY
Days on Market
28 days
– 0.0% YoY
Active Inventory
384
↑ 3.8% YoY
Homes Sold
231
↓ 14.4% YoY
Warm Market
The market is active with moderate buyer demand.
Rockford, IL metro area Market Summary
The Rockford, IL metro area housing market is heating up. As of January 2026, the median home sale price is $215K, up 12.3% year-over-year. Homes are spending a median of 28 days on the market, 0.0% shorter than a year ago.
There are 384 homes for sale — 3.8% more than last year. With 1.7 months of supply, this is a seller's market. 270 new listings were added during this period, down 1.1% year-over-year.
Homes are selling for 99.1% of their list price on average, suggesting room for negotiation. 35.9% of homes sell above their asking price. 27.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
50
Contributing Factors
How This Market Compares
vs. National Median
vs. Illinois Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 49% below the national median, which could indicate stronger cash flow potential.
Rockford, IL metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$219K
Price per Sq Ft
$126
Sale-to-List Ratio
99.1%
Months of Supply
1.7
Sold Above List
35.9%
Price Drops
27.6%
New Listings
270
↓ 1.1% YoY
Pending Sales
304
Off Market in 2 Weeks
45.4%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.