Rockford, IL Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Rockford, IL is a hot market right now.

  • •Prices are rising rapidly at 8.4% year-over-year — expect competition.
  • •Price-to-rent ratio: 14.5 — buying is likely more cost-effective than renting.

Median Home Value

$209,204

ZHVI

Year-over-Year

+8.4%

Price change

5-Year Change

+58.5%

Since 2021

Median Rent

$1,199/mo

ZORI

Active Listings

653

For sale

State Avg

$281,547

Illinois

Home Value Trends

5-year Zillow Home Value Index for Rockford, IL vs. state and national averages.

Rent Data

Median Rent

$1,199/mo

Rent YoY Change

+6.8%

Rent vs. Buy Calculator

Other Markets in Illinois

Chicago, IL$338,685Bloomington, IL$248,377Champaign, IL$226,413Rochelle, IL$217,756Kankakee, IL$215,628Effingham, IL$212,479
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.