How fast are homes selling in 61108?

The median days on market in 61108 is 28. There are 22 homes for sale, with 40 new listings added recently.

Are sellers cutting prices in 61108?

About 9.1% of listings in 61108 have had a price cut. That is a relatively small share, which suggests most sellers are finding buyers without reducing their asking price.

Market Intelligence · IL / Rockford

Rockford, IL 61108 Housing Market

The typical home value in Rockford, IL 61108 is $193,536, up 9.0% over the past year. The median list price for homes on the market is $244,950, and the median days on market is 28.

Updated August 2026Median value$194K

The median home value in Rockford, IL 61108 is $194K as of August 2026, up 9.0% 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 61108 range

$178K to $209K

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

+9.0% over 12 months

Aug 2025$177K

Low $177KHigh $194K

Aug 2026$194K

The numbers

What is the 61108 housing market like?

As of August 2026

Typical home value

$194K

9.0%YoY

Median list price

$245K

19.5%MoM

Days on market

40.0%MoM

Homes for sale

4.8%MoM

Price cuts

9.1%

405.0%MoM

New listings

4.8%MoM

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

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The comparison

How do 61108 home prices compare?

61108$193,536
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

There are 22 homes for sale in 61108, with 40 new listings added recently. The median list price is $244,950, which sits above the typical home value of $193,536, so asking prices are running ahead of typical values in this area. Homes are moving at a median of 28 days on market, and only 9.1% of listings have taken a price cut. That low share of reductions suggests sellers are mostly holding to their asking prices. For a seller, this is a market that favors realistic pricing and a well-prepared listing.

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