Market Intelligence · IL / Rockford

Rockford, IL 61114 Housing Market

The typical home value in Rockford's 61114 ZIP code is $275,841, up 6.5% over the past year as of 2026-08-01. The median list price stands at $312,450, and homes spend a median of 25 days on the market.

Updated August 2026Median value$276K

The median home value in Rockford, IL 61114 is $276K as of August 2026, up 6.5% 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 61114 range

$254K to $298K

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

+6.5% over 12 months

Typical home value in 61114 over the last 12 months: $259K in Aug 2025 to $276K in Aug 2026 (+6.5%).

Aug 2025$259K

Aug 2026$276K

The numbers

What is the 61114 housing market like?

Typical home value

$276K

Up6.5%YoY

Median list price

$312K

Up3.7%MoM

Days on market

25

Down13.8%MoM

Homes for sale

23

Up35.3%MoM

Price cuts

27.4%

Up167.8%MoM

New listings

24

Flat0.0%MoM

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

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The comparison

How do 61114 home prices compare?

  • 61114$275,841
  • 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

As of 2026-08-01, there are 23 homes for sale in 61114, with 24 new listings added. The median list price is $312,450, while the typical home value sits at $275,841, up 6.5% over the past year. Homes move at a median of 25 days on market. Still, 27.4% of listings have taken a price cut, which suggests some sellers are aiming above what buyers will pay. If you price in line with recent sales rather than at the top of the range, this market is working in your favor.

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