Market Intelligence Report — IL-420

Rockford, IL

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

Ref. No: 2026-IL-09
As of the latest 2026 data
Very Competitive

Median Listing

$269K
+7.4% YoY

Pending Ratio

1.05
-9.6% YoY

Active Inventory

450
+10.8% YoY

Median DOM

35 Days
-6.7% YoY

Primary Intelligence Tool — Sold Score™

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The Rockford market remains Very Competitive, driven by a pending ratio of 1.05. This indicates that demand significantly outpaces available inventory, despite a slight month-over-month decline in the median listing price of 0.5%.

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

4.5%-1.1 pp YoY

Unemployment rate · Aug 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 seen a substantial year-over-year increase of 10.8%, reaching 450 units. New listings, however, have contracted by 4.3% year-over-year. The pending ratio, while high at 1.05, has experienced a year-over-year decrease of 9.6%, suggesting a slight moderation in the pace of demand relative to the prior period.

Historical Analysis

Market Trends

Median Price

$269K-0.5% MoM

Active Inventory

450+10.8% YoY

Days on Market

35-6.7% YoY

Sold Score™

79-9.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

79
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 rapid pace of sales, evidenced by a pending ratio of 1.05, suggests that prospective purchasers face considerable competition. Inventory pressure is pronounced, with demand absorbing available supply quickly. This environment necessitates price discipline from potential buyers.

Luxury Segment

The average listing price at $313,363 remains moderately elevated compared to the median listing price of $268,500, with a year-over-year increase of 5.9% for the average. However, median price per square foot has remained relatively flat year-over-year, increasing by only 0.1%.

Supply Dynamics

450 active listings represent the current floor, with new supply arriving at roughly 352 per month.

Pricing Pressure
17.0%

of active listings carry a price reduction, +0.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.1% year-over-year.

Absorption
1.05

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Rockford, IL? Inventory is up 11% from 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
105%
Median Days on Market
35 days
Inventory YoY
+11%

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