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BELVIDERE, IL 61008

Real Estate Market Report  ·  Boone County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
63
⇧ 18.9% vs 53 last year
Pending
27
43% pending ratio
Median Price
$300,000
⇩ 6.9% vs $322,250 last year
Average Price
$350,947
⇩ 10.1% vs $390,573 last year
Days on Market
71
⇧ 82.1% vs 39 days last year

Market Context

Population: 34,227  ·  Density: 156.7/mi²  ·  Median household income: $69,945

Typical home value: $164,596  ·  Homeownership: 79.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The BELVIDERE, IL real estate market (61008) currently shows 63 active listings, with 27 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 71 days on market compared to 39 days last year.

The median listing price has fallen 6.9% year-over-year, from $322,250 to $300,000.

Whether you are buying or selling in BELVIDERE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 63 this year vs 53 last year
  • Days on market: 71 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $300,000 (-6.9% YoY)
  • Average: $350,947 (-10.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.9 miles — 313 listings ($111,047,178 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61008Belvidere, IL 610080.0 mi63$22,109,661$300,000$350,947
61016Cherry Valley, IL 610166.4 mi10$2,979,500$325,000$297,950
61107Rockford, IL 611078.8 mi63$23,234,211$240,000$368,797
60146Kirkland, IL 6014610.2 mi7$2,484,300$319,900$354,900
61011Caledonia, IL 6101110.6 mi9$6,048,918$570,613$672,102
60145Kingston, IL 6014511.0 mi1$424,000$424,000$424,000
61109Rockford, IL 6110911.6 mi38$7,738,092$195,000$203,634
61104Rockford, IL 6110412.3 mi31$4,900,604$145,500$158,084
61052Monroe Center, IL 6105212.4 mi3$1,467,000$489,000$489,000
61103Rockford, IL 6110314.2 mi46$12,330,760$214,900$268,060
61020Davis Junction, IL 6102016.2 mi10$2,655,470$271,215$265,547
60180Union, IL 6018016.4 mi5$2,299,600$450,000$459,920
60033Harvard, IL 6003316.9 mi27$22,375,062$324,000$828,706

Frequently Asked Questions

How many homes are for sale in BELVIDERE, IL 61008?

As of January 2026, there are 63 active listings in BELVIDERE, IL (zip code 61008), compared to 53 the prior year.

What is the median home price in BELVIDERE, IL 61008?

The median listing price in BELVIDERE, IL 61008 is $300,000 as of January 2026, a 6.9% decrease from $322,250 the prior year.

How long do homes stay on the market in BELVIDERE, IL?

Homes in BELVIDERE, IL 61008 spend an average of 71 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in BELVIDERE, IL 61008?

Based on current inventory and days-on-market data as of January 2026, BELVIDERE, IL 61008 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 71 days on market compared to 39 days last year.

How much can I save on real estate commission in BELVIDERE, IL?

With SELL123.com's maximum 3% commission, sellers in BELVIDERE, IL 61008 save an estimated $6,000 compared to a typical 5% commission on the median listing price of $300,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.