Rockford home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Rockford rose by $17,000 while total sales increased by 26.8%, according to BlockShopper.com.

In October 2020, there were 161 homes sold, with a median sale price of $90,000 - a 23.3% increase over the $73,000 median sale price for the same period of the previous year. There were 127 homes sold in Rockford in October 2019.

The median sales tax in Rockford for the most recent year with available data, 2018, was $2,373, approximately 2.6% of the median home sale price for October 2020.

The following table compares Rockford to other Winnebago County cities in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Rockton11837.5%$182,900$142,45028.4%
Winnebago21100%$176,950$115,00053.9%
Harlem220%$171,000$218,250-21.6%
Roscoe221546.7%$167,500$170,000-1.5%
Cherry Valley10666.7%$167,450$142,80017.3%
Lake Summerset3250%$164,900$107,450.5053.5%
South Beloit6520%$164,350$145,00013.3%
Machesney Park231735.3%$126,000$130,000-3.1%
Loves Park191346.2%$125,000$104,90019.2%
Rockford16112726.8%$90,000$73,00023.3%
Pecatonica25-60%$50,500$148,000-65.9%
Owen02-100%$0$185,000-100%
New Millford01-100%$0$164,900-100%
Durand02-100%$0$110,950-100%

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