Market Intelligence · IL / Rockford

Rockford, IL 61103 Housing Market

The typical home value in 61103 is $152,248, up 8.2% over the past year. The median list price stands at $177,500, with homes selling in a median of 23 days on market.

Updated September 2026Median value$152K

The median home value in Rockford, IL 61103 is $152K as of September 2026, up 8.2% 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 61103 range

$140K to $164K

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

+8.2% over 12 months

Sep 2025$141K

Low $141KHigh $152K

Sep 2026$152K

The numbers

What is the 61103 housing market like?

As of September 2026

Typical home value

$152K

8.2%YoY

Median list price

$178K

6.0%MoM

Days on market

11.5%MoM

Homes for sale

23.1%MoM

Price cuts

9.3%

0.7%MoM

New listings

0.0%MoM

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

The outlook

61103 housing market forecast 2027

+4.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 61103 to rise 4.1% by September 2027.

Over the 12 months through September 2026, typical home values in 61103 rose 8.2%, per the Zillow Home Value Index.

Will home prices drop in 61103?

Zillow's forecast does not call for a drop: it expects typical home values in 61103 to rise 4.1% by September 2027, after a 8.2% 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 61103 home prices compare?

61103$152,248
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 61103 ZIP code shows steady activity with 20 homes currently for sale and 28 new listings added in September 2026. The median days on market of 23 suggests homes are moving at a reasonable pace. However, 9.3% of listings have taken price cuts, which reflects some negotiation in the market. For sellers, the year-over-year appreciation is real, but the presence of price adjustments signals that pricing right from the start matters.

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Down payment20% · $30,450

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Common questions

What people ask us.

What is the typical home value in 61103?

The typical home value is $152,248, which is up 8.2% over the past year.

How long does a home take to sell in this area?

The median days on market is 23 days as of September 2026.

What is the median list price in 61103?

The median list price is $177,500 as of September 2026.

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