Is Rockford, IL 61102 a buyer’s or seller’s market?

The Rockford housing market right now

In the three months ending August 31, 2026, 55% of homes in Rockford, IL 61102 sold above their list price, the typical home went under contract in 10 days and there were 0.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 57 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 42%, homes sold more slowly (8 days then) and the median sale price rose 26% to $167,428. Overall, Rockford is more competitive than a year ago, so tougher for buyers.

Within Winnebago County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Rockford ranks #11 of 464 IL ZIP codes with enough sales (score 92 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.