The story of this market
The typical home in ZIP 61015 sells for about $230,000, or $140 per square foot.
Prices are up +13.3% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,069 a month.
ZIP 61015 — Chana
The Rockford housing market is currently characterized by low inventory and strong seller leverage, driving consistent year-over-year price appreciation. While affordability remains a key factor, the market is seeing steady demand from buyers seeking value compared to larger metropolitan areas. Overall, the market is stable with a positive outlook as local economic revitalization efforts continue.
This area is well-suited for budget-conscious family buyers and first-time homeowners seeking affordability, as well as investors looking for steady rental demand in a recovering industrial market.
Median prices moved up 13.3% year over year.
Homes spend a median of 34 days on market with 0.6 months of supply — a fast-moving market.
10% of listings have cut prices · homes sell at 101% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 1.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 61101, Winnebago County IL
Rockford experiences crime rates that are generally higher than the national average, with ongoing local efforts focused on community policing and urban revitalization to address public safety concerns.
The area is served by Rockford Public Schools District 205, which faces challenges in academic performance metrics but offers a variety of magnet and specialized programming options.
The region is primarily at risk for severe weather events including thunderstorms and occasional flooding near the Rock River, with standard property insurance coverage typically available.
The local economy is transitioning from a manufacturing base toward healthcare, logistics, and education, with ongoing infrastructure investments aimed at improving regional connectivity.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Residents primarily rely on personal vehicles for commuting, with major access provided by I-90 and I-39 connecting the area to the broader Chicago and regional employment hubs.
The area features extensive park systems along the Rock River, numerous golf courses, and local shopping districts, providing a variety of outdoor and retail amenities.
The rental market remains competitive due to limited inventory, with steady demand from both long-term residents and transient workers in the healthcare and logistics sectors.
The economy is anchored by major employers in the aerospace, healthcare, and manufacturing sectors, with a focus on regional logistics and distribution.
The area is served by a network of state highways and interstates, with limited public transit options primarily provided by the local bus system.
Ongoing development focuses on urban infill and the adaptive reuse of former industrial sites in the city center.
The Winnebago County Assessor's office manages property valuations based on market data and state-mandated assessment cycles.
Parcels are subject to various taxing districts including school, library, park, and community college districts.
Property insurance premiums are influenced by regional weather risks, with standard coverage widely available through major national carriers.
Data retrieved from data.census.gov for ZCTA 61101 and surrounding Rockford city area.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- West Rock Wake Park4.719.1 mi
- Byron Dragway4.89.8 mi
- Rocky Glen OHV Park4.617 mi
- Klehm Arboretum & Botanic Garden4.618.4 mi
- Skateland4.518.8 mi
- Flight Deck A Global Inspired Pub4.49.2 mi
- Castle Rock State Park4.68.5 mi
- Lowden State Park4.77.3 mi
- Nachusa Grasslands, The Nature Conservancy4.710.2 mi
- Franklin Creek State Natural Area4.811.9 mi
- Castle Rock Overlook4.89.3 mi
- Ronald Reagan Boyhood Home4.617.8 mi
- John Deere Historic Site4.812.7 mi
- Tinker Swiss Cottage Museum and Gardens4.719.8 mi
- Jarrett Prairie Center4.89.2 mi
- Loveland Community House4.517.9 mi
- Castle Rock State Park4.68.5 mi
- Lowden State Park4.77.3 mi
- The Eternal Indian4.77.6 mi
- Nachusa Grasslands - Visitor Center4.810.2 mi
- Franklin Creek State Natural Area4.811.9 mi
- PrairieView Golf Club4.79.1 mi
- Silver Ridge Golf Course4.59.3 mi
- Lost Nation Golf Course4.410.4 mi
- Fairways Golf Course4.28.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A scenic trail system running along the riverfront.
A nationally recognized garden and cultural site.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.