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Rockford, IL housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $98 $109 $127 $138 6.5% 11.2% 16.5% 8.7%
Active Listing Count 409 364 359 436 -11.9% -11% -1.4% 21.4%
Median Days on Market 52 40 43 39 4% -23.1% 7.5% -9.3%
Share of listings with price increase 0.4% 0.4% 0.7% 0.6%
Share of listings with price decrease 11.3% 10% 11.1% 11.1%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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