Aug 2026
$180K
+9.1% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Rockford, IL
Median sale price, a Redfin vs. FHFA price check, and daily-refreshed real estate signals for Rockford, IL. Built for agents; free to read.
Rockford, IL’s median sale price is $180K as of Aug 2026 — +9.1% year over year. Pecan Street measures Rockford’s year-over-year home-price change two independent ways: Redfin sale prices and the FHFA House Price Index. No market signals are flagged here right now.
Headline
Oct 6, 2026
7.45%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,003/mo
$43K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Rockford compares to other U.S. metros
| Days on market | ↓192nd of 195 |
|---|---|
| Price-to-rent | ↓178th of 195 |
| Home-price growth | ↑17th of 195 (top 9%) |
| Price cuts | ↑22nd of 195 (top 12%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 10 +10.0% YoY ↓178th of 195 |
|---|---|
| Asking price / sq ft | $142 +1.7% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 48% +6.1 pts YoY ↑22nd of 195 (top 12%) |
|---|---|
| New housing units permitted | 31 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 7 shown of 23 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 0.9ppRedfin (city) +9.1% | FHFA HPI · Q2 2026 +8.2% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
Market dispatches
Citable market dispatches for Rockford → Latest dispatch: Jul 10, 2026.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 61008 | $325K↑ | 39↑ | 30↓ | 16↓ | 37↑ | $267K↑ |
| 61073 | $359K↑ | 41↑ | 16↑ | 16↓ | 41↓ | $319K↑ |
| 61107 | $244K↓ | 51↑ | 40↓ | 28↑ | 31↓ | $230K↑ |
| 61108 | $222K↑ | 33↑ | 26↑ | 16↓ | 32↓ | $195K↑ |
| 61109 | $240K↑ | 30↑ | 24↓ | 4↓ | 43↑ | $199K↑ |
| 61111 | $260K↑ | 26↓ | 38↓ | 12↑ | 22↓ | $208K↑ |
| 61114 | $317K↑ | 32↑ | 26↑ | 16↑ | 29↓ | $278K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.