Is Rockford, IL 61101 a buyer’s or seller’s market?

The Rockford housing market right now

In the three months ending August 31, 2026, 32% of homes in Rockford, IL 61101 sold above their list price, the typical home went under contract in 25 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 75 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (30% then), homes sold more slowly (10 days then) and the median sale price rose 4% to $124,946. Overall, Rockford is less competitive than a year ago, which gives buyers more room.

Within Winnebago County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Rockford ranks #217 of 464 IL ZIP codes with enough sales (score 68 out of 100).

Nearby, buyers who want less competition could look at Rockford 61104 (25% sold over asking) or Durand 61024 (29% sold over asking), while Rockford 61108 (63% sold over asking) and Machesney Park 61115 (63% sold over asking) are even more competitive.