From July to September, 794 homes sold in Rockford for a median price of $84,000. That's 9.8 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 92 homes in Rockford were in foreclosure.
Median property tax for homeowners in Rockford was $0 in 2018 according to tax data from that year. That means homeowners pay 0 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Rockford real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
605
$95,823
-
2010
420
$82,080
-14.3%
2011
465
$68,930
-16%
2012
564
$65,400
-5.1%
2013
796
$61,511
-5.9%
2014
744
$65,720
6.8%
2015
715
$64,024
-2.6%
2016
700
$73,395
14.6%
2017
777
$76,500
4.2%
2018
794
$84,000
9.8%
Median property tax
Median sale price
Effective property tax rate
2009
$2,966.74
$95,823
3.1%
2010
$3,069.11
$82,080
3.7%
2011
$3,067.24
$68,930
4.4%
2012
$2,704.21
$65,400
4.1%
2013
$2,586.11
$61,511
4.2%
2014
$2,824.61
$65,720
4.3%
2015
$2,684.02
$64,024
4.2%
2016
$2,924.49
$73,395
4%
2017
$2,602.08
$76,500
3.4%
2018
$0
$84,000
0%
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