Metropolitan market · Illinois · June 2026 data

Rockford Real Estate Market

As of June 2026, the median home listed in Rockford, IL asks $264,500 — up 6.3% year over year. Homes sell in a median of 34 days, with 312 active listings and 10% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$264,500
▲ 6.3% YoY
Median $ / sq ft
$140
1,815 sq ft median
Median days on market
34
June 2026
Active listings
312
For sale now
New listings
412
June 2026
Listings with price cuts
10%
Share of active
Median sale price (closed)
$230,000
▲ 13.3% YoY · closed sales
Sale-to-list ratio
101.0%
Closed sales
Homes sold / month
329
Closed sales

Rockford housing market statistics

The table summarizes Rockford's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Rockford, IL housing market at a glance — June 2026
MetricLatestDetail
Median listing price$264,500+6.3% YoY
Median price per sq ft$1401,815 sq ft median
Median days on market34-3% YoY
Active listings312+0% YoY
New listings this month412June 2026
Listings with a price cut10%Share of active
Median sale price (closed)$230,000+13.3% YoY
Sale-to-list ratio101.0%Closed sales
Gross rental yield5.3%2BR fair market rent

How have home prices changed in Rockford?

Rockford home prices are up 6.3% year over year and +1.8% month over month as of June 2026, at a $264,500 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$264K$254K$243K$233K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Rockford IL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$264K$231K$197K$164K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Rockford IL · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Rockford?

Rockford has 312 active listings, 412 new this month, 529 pending as of June 2026. About 10% of active listings have cut their price, and inventory sits at 36% of its 2019 level — a seller-leaning market by pace.

Active listings
312
New this month
412
Pending
529
Price-reduced
31

Is Rockford a good real estate investment?

Rockford scores 76/100 on WealthyBud's composite Investor Score, ranking #38 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
76/100
#38 of 932 covered metros
12-month outlook
+4.0%
▲ Rising · model output, not advice
Price volatility
Medium
σ 6.3% · 20-yr price-index swings
Momentum
65
Value
41
Rental yield
87
Supply risk
3
Market heat
97

Rockford scores 76/100 on our composite Investor Score (#38 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 67% over five years and +114% over ten, leaving prices 94% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,175/mo for a two-bedroom, the gross rental yield on the median listing is about 5.3%; active inventory sits at 36% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 6.3% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Rockford ranks on the trending markets index.

How much is a monthly mortgage payment in Rockford?

A home at Rockford's $264,500 median listing runs about $1,328 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,192/mo
−$136/mo vs today
At today's rate · 6.43%
$1,328/mo
National weekly average
If rates rise 1% · 7.43%
$1,469/mo
+$142/mo vs today

Principal & interest on the $264,500 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Rockford housing market?

Longer-run demand in Rockford shows up in 376 homes permitted in 2025; net migration of -384 residents; -1.3% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
376
▲ 10.3% vs 2024
1.1 per 1,000 residents
Net migration (2022–2023)
-384
▼ people, via tax-return records
net income flow −$98.8M/yr
Job growth (YoY)
-1.3%
▼ 143.4k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Rockford housing market FAQ

What is the median home price in Rockford?
As of June 2026, the median listing price in Rockford, IL is $264,500, up 6.3% year over year (source: public records and industry data). Figures cover the Rockford, IL metro area.
How much does it cost to buy a home in Rockford?
The median home listed in Rockford asks $264,500 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,328 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Rockford?
The median property in Rockford spends 34 days on the market, with 312 homes actively listed and 10% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Rockford?
With a median 34 days on market and 10% of active listings carrying a price cut, Rockford reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Rockford a good place to invest in real estate?
Rockford scores 76/100 on WealthyBud's Investor Score, ranking #38 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Rockford?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Rockford and the wider Illinois market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Rockford, IL metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Illinois housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.