Market Intelligence · IL / Rockford

Rockford, IL 61101 Housing Market

The typical home in Rockford, IL 61101 is worth $114,743, up 10.6% over the past year. Homes on the market list at a median of $145,000 and take around 41 days to sell.

Updated September 2026Median value$115K

The median home value in Rockford, IL 61101 is $115K as of September 2026, up 10.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 61101 range

$106K to $124K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+10.6% over 12 months

Sep 2025$104K

Low $104KHigh $115K

Sep 2026$115K

The numbers

What is the 61101 housing market like?

As of September 2026

Typical home value

$115K

10.6%YoY

Median list price

$145K

12.4%MoM

Days on market

2.4%MoM

Homes for sale

17.2%MoM

Price cuts

14.7%

39.3%MoM

New listings

40.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

61101 housing market forecast 2027

+4.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 61101 to rise 4.9% by September 2027.

Over the 12 months through September 2026, typical home values in 61101 rose 10.6%, per the Zillow Home Value Index.

Will home prices drop in 61101?

Zillow's forecast does not call for a drop: it expects typical home values in 61101 to rise 4.9% by September 2027, after a 10.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 61101 home prices compare?

61101$114,743
Rockford$172,540
Illinois$194,737
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Rockford: 8 ZIPs; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

Rockford's housing inventory sits at 24 homes for sale as of September 2026, with 12 new listings entering the market recently. The median list price of $145,000 reflects a premium over the typical home value of $114,743, which has grown 10.6% year over year. Homes spend a median of 41 days on market before sale. About 14.7% of listings carry a price cut, suggesting some sellers have adjusted their asking prices. For current homeowners, the appreciation trend is positive, but the gap between list price and typical value warrants realistic expectations about buyer offers.

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Down payment20% · $22,949

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Common questions

What people ask us.

What is a home worth in 61101?

The typical home value in this ZIP is $114,743, up 10.6% over the past year.

How long do homes typically stay on the market here?

Homes in 61101 spend a median of 41 days on the market before sale.

What are homes listed for in this area?

The median list price is $145,000 as of September 2026.

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Nearby ZIP markets.

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