Market Intelligence · IL / Rockford

Rockford, IL 61103 Housing Market

The typical home value in Rockford, IL 61103 is $153,645, up 8.7% over the past year. The median list price is $167,500, and homes are spending a median of 26 days on the market.

Updated August 2026Median value$154K

The median home value in Rockford, IL 61103 is $154K as of August 2026, up 8.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 61103 range

$141K to $166K

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

+8.7% over 12 months

Typical home value in 61103 over the last 12 months: $141K in Aug 2025 to $154K in Aug 2026 (+8.7%).

Aug 2025$141K

Aug 2026$154K

The numbers

What is the 61103 housing market like?

Typical home value

$154K

Up8.7%YoY

Median list price

$168K

Up9.2%MoM

Days on market

26

Down21.2%MoM

Homes for sale

26

Up4.0%MoM

Price cuts

9.2%

Down48.2%MoM

New listings

28

Down17.6%MoM

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

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The comparison

How do 61103 home prices compare?

  • 61103$153,645
  • Rockford$173,591
  • Illinois$197,608
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Rockford: 8 ZIPs; Illinois: 1,084 ZIPs; United States: 26,265 ZIPs).

Context

Values in 61103 have risen 8.7% over the past year, bringing the typical home value to $153,645. Sellers are listing at a median of $167,500, and homes are moving in a median of 26 days, which points to steady buyer demand. There are 26 homes for sale and 28 new listings, so buyers have some choice but not an oversupply. Only 9.2% of listings have taken a price cut. For a seller, this is a market where a well priced home can sell without heavy negotiation.

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