Market Intelligence Report — IL-420

Rockford, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-08
As of the latest 2026 data
Very Competitive

Median Listing

$270K
+8.0% YoY

Pending Ratio

1.17
-5.8% YoY

Active Inventory

423
+9.9% YoY

Median DOM

33 Days
-10.8% YoY

Primary Intelligence Tool — Sold Score™

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Rockford, IL is a Very Competitive market, characterized by a substantial pending ratio of 1.17, indicating demand significantly outstripping current inventory. Active listings, while experiencing a year-over-year increase of 9.9%, remain insufficient to meet the strong buyer interest.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.3%-1.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

337,242+0.2% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Rockford market right now.

Active listings have risen by 9.9% over the past year, reaching 423 units, suggesting some inventory replenishment. Concurrently, new listings saw a modest year-over-year increase of 2.2%. Despite these increases, the elevated pending ratio underscores persistent demand, with median days on market contracting by 10.8% and the median listing price advancing by 8.0% year-over-year.

Historical Analysis

Market Trends

Median Price

$270K+0.5% MoM

Active Inventory

423+9.9% YoY

Days on Market

33-10.8% YoY

Sold Score™

78-5.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

78
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The strong pending ratio and rapid absorption rates imply that buyers face considerable pressure to act decisively. The swift pace of transactions, alongside a declining median days on market, indicates limited opportunity for extended negotiations, with price discipline favoring sellers due to intense competition for available properties.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

423 active listings represent the current floor, with new supply arriving at roughly 372 per month.

Pricing Pressure
16.9%

of active listings carry a price reduction, +4.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.2% year-over-year.

Absorption
1.17

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Rockford, IL? Homes here are taking 4 days less to sell than last year.

Demand in Rockford, IL is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
117%
Median Days on Market
33 days
Inventory YoY
+10%

Demand is strong in Rockford, IL. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Rockford, IL
CBSA Code
40420
State
IL

ZIPs in Rockford, IL

Sorted by active inventory · click a ZIP for its full report