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Churchill's Grove Colonial Gardens Downtown Edgewater North End Square North Rock North Rockford River District Signal Hill St Paul's Place

ROCKFORD, IL 61103

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 61103

Churchill's Grove · Colonial Gardens · Downtown · Edgewater · North End Square · North Rock · North Rockford · River District · Signal Hill · St Paul's Place

Market Analysis

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

The ROCKFORD, IL real estate market (61103) currently shows 46 active listings, with 27 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 36 days on market compared to 19 days last year.

The median listing price has fallen 11.3% year-over-year, from $174,500 to $154,750.

Whether you are buying or selling in ROCKFORD, 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 Context

Market Context

Population: 23,441  ·  Density: 554.0/mi²  ·  Median household income: $49,192

Typical home value: $103,825  ·  Homeownership: 53.2%

Market Overview

Active Listings
46
⇩ 2.1% vs 47 last year
Pending
27
59% pending ratio
Median Price
$154,750
⇩ 11.3% vs $174,500 last year
Average Price
$230,522
⇧ 30.8% vs $176,245 last year
Days on Market
36
⇧ 89.5% vs 19 days last year

Price Per Square Foot

Median $/sqft
$105
⇩ 9.5% vs $116/sqft last year
Median Home Size
1,774 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 47 last year
  • Days on market: 36 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $154,750 (-11.3% YoY)
  • Average: $230,522 (+30.8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.7 miles — 426 listings ($115,758,180 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61103Rockford, IL 611030.0 mi47$11,102,105$159,975$236,215
61101Rockford, IL 611013.3 mi45$8,382,150$120,000$186,270
61114Rockford, IL 611145.4 mi29$8,123,625$261,150$280,125
61104Rockford, IL 611046.5 mi24$3,254,712$125,000$135,613
61108Rockford, IL 611087.5 mi48$9,950,928$195,975$207,311
61102Rockford, IL 611028.8 mi30$5,929,290$144,375$197,643
61079Shirland, IL 610799.5 mi1$210,000$210,000$210,000
61080South Beloit, IL 6108010.4 mi29$8,003,768$306,900$275,992
61016Cherry Valley, IL 6101612.3 mi14$4,411,456$318,725$315,104
61063Pecatonica, IL 6106313.7 mi6$2,648,880$357,500$441,480
53511Beloit, WI 5351113.9 mi140$49,838,460$317,400$355,989
61020Davis Junction, IL 6102016.3 mi11$2,979,306$285,224$270,846
61052Monroe Center, IL 6105216.7 mi2$923,500$461,750$461,750

Frequently Asked Questions

How many homes are for sale in ROCKFORD, IL 61103?

As of March 2026, there are 46 active listings in ROCKFORD, IL (zip code 61103), compared to 47 the prior year.

What is the median home price in ROCKFORD, IL 61103?

The median listing price in ROCKFORD, IL 61103 is $154,750 as of March 2026, a 11.3% decrease from $174,500 the prior year.

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

Homes in ROCKFORD, IL 61103 spend an average of 36 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in ROCKFORD, IL 61103?

Based on current inventory and days-on-market data as of March 2026, ROCKFORD, IL 61103 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 36 days on market compared to 19 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ROCKFORD, IL 61103 save an estimated $3,095 compared to a typical 5% commission on the median listing price of $154,750. 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.