Is Rockford, IL 61109 a buyer’s or seller’s market?
Rockford is a seller’s market. With about 1.2 months of supply and 53% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 96% of U.S. ZIP codes, and #10 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Rockford housing market right now
In the three months ending August 31, 2026, 53% of homes in Rockford, IL 61109 sold above their list price, the typical home went under contract in 7 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 82 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 58%, homes sold about as fast and the median sale price fell 4% to $199,913. Overall, Rockford is less competitive than a year ago, which gives buyers more room.
Within Winnebago County, homes here sell faster than in 69% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Rockford ranks #10 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.
Run the numbers for 61109
Nearby markets
Cherry Valley 61016Seller’s market $175 /sq ftDurand 61024Seller’s market $161 /sq ftLoves Park 61111Seller’s market $149 /sq ftMachesney Park 61115Seller’s market $151 /sq ft Browse all markets →Towns like Rockford nearby
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Questions about Rockford real estate
Is Rockford a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in Rockford, IL 61109 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Rockford?
The typical home went under contract in 7 days in the latest three months.
Do homes in Rockford sell over asking?
53% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.
What are property taxes in Rockford?
About 2.39% of a home’s value a year in Winnebago County, or roughly $9,560 on a $400,000 home.
What is the median home price in Rockford?
The median sale price was $199,913 in the three months ending August 31, 2026, about $130 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology