Winnebago County, IL Home Values & Market Trends

The median home price in Winnebago County, IL is $167,773.68. There were 5,158 home sales in Winnebago County, IL over the past 12 months. The median residential Winnebago County, IL home value for transactions over the previous year is $133,653.627. The number of current listings in Winnebago County, IL is 290, and the percentage of properties for sale is 290.00%. The county has 106 foreclosures, 33 bank owned properties, 73 headed for auction, and 290 properties for sale.

Winnebago County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Rockford

$ 153,500

$ 100/sqft

Pecatonica

$ 169,207

$ 129/sqft

Machesney Park

$ 178,547

$ 113/sqft

Winnebago

$ 294,959

$ 140/sqft

Loves Park

$ 191,351

$ 120/sqft

Cherry Valley

$ 341,002

$ 276/sqft

Roscoe

$ 292,435

$ 146/sqft

Shirland

$ --

$ --

South Beloit

$ 225,500

$ 123/sqft

Seward

$ --

$ --

Rockton

$ 245,836

$ 102/sqft

Durand

$ --

$ --

Housing Market Summary for Winnebago County, IL

Apr 2023March 2024Change
Median Listing Price$154.3K$154.3K0.03%
Median Sold Price$140K$154.3K10.24%
Homes For Sale292285-2.40%
Homes Sold2,1482,42512.90%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Winnebago County, IL

Winnebago County, IL home values range from $17,729 to $3,364,330. Cherry Valley is the priciest city with a median listing home price of $339,950, and Rockford is most affordable with average house prices of around $160,000.

Foreclosure
There are 12 cities within Winnebago County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $294,528 in Rockton to the lowest value of $21,500 in Rockton. Foreclosure homes account for 0.00% of properties in Winnebago County, IL with Rockford containing 71 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Winnebago County, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 12 cities within Winnebago County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Winnebago County, IL ranges from the highest value of $198,171 in Winnebago to the lowest value of $21,500 in Rockton. Bank owned homes and properties account for 0.04% of properties in Winnebago County, IL. There are 12 cities within Winnebago County, IL; Rockford containing 26 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Rockford has 44 auction properties, the highest number of properties going to auction in a single city in the state of Winnebago County, IL. Auction homes and other auction properties account for 0.08% of all properties in Winnebago County, IL. There are 12 cities within Winnebago County, IL; of those cities, the median estimated home value for homes going to auction ranges from $236,694 in Roscoe to the lowest value of $45,318 in Roscoe.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in Winnebago County, IL with Rockford containing 202 homes for sale, the highest number of listed properties in a single city. There are 12 cities within Winnebago County, IL; homes for sale in those cities, have a range of median values from $351,790 in Cherry Valley to the lowest value of $30,080 in Rockford.
    Sold Homes
    The median value for recently sold homes ranges from $459,206 in Durand to the lowest price of $19,508 in Durand. There are 12 cities within Winnebago County, IL. Rockford has 1507 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.44% of properties in Winnebago County, IL.

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      Guide for Winnebago County, IL

      Market Reports
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
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      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
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      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      How To Make Adjustments to Your Household Budget When Interest Rates Are High
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      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?