Winnebago County, IL Home Values & Market Trends

The median home price in Winnebago County, IL is $168,841.38. There were 5,216 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 $131,169.925. The number of current listings in Winnebago County, IL is 284, and the percentage of properties for sale is 284.00%. The county has 103 foreclosures, 32 bank owned properties, 71 headed for auction, and 284 properties for sale.

Winnebago County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Rockford

$ 155,500

$ 98/sqft

Pecatonica

$ 135,971

$ 111/sqft

Machesney Park

$ 185,078

$ 126/sqft

Winnebago

$ 235,234

$ 145/sqft

Loves Park

$ 177,000

$ 117/sqft

Cherry Valley

$ 268,980

$ 135/sqft

Roscoe

$ 284,671

$ 151/sqft

Shirland

$ --

$ --

Rockton

$ 233,184

$ 116/sqft

Seward

$ --

$ --

South Beloit

$ 113,953

$ 98/sqft

Durand

$ --

$ --

Housing Market Summary for Winnebago County, IL

Mar 2023February 2024Change
Median Listing Price$154.4K$156.8K1.58%
Median Sold Price$140K$156.8K12.01%
Homes For Sale266262-1.50%
Homes Sold2,4222,74613.38%
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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 $17,829 to $3,360,396. Roscoe is the priciest city with a median listing home price of $275,000, and Rockford is most affordable with average house prices of around $164,900.

Foreclosure
There are 12 cities within Winnebago County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $291,622 in Rockford to the lowest value of $23,757 in Rockford. Foreclosure homes account for 0.00% of properties in Winnebago County, IL with Rockford containing 67 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 $230,392 in Winnebago to the lowest value of $23,757 in Rockford. Bank owned homes and properties account for 0.03% of properties in Winnebago County, IL. There are 12 cities within Winnebago County, IL; Rockford containing 21 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Rockford has 46 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 $238,545 in Roscoe to the lowest value of $46,283 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 181 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 $307,500 in Cherry Valley to the lowest value of $28,378 in Rockford.
    Sold Homes
    The median value for recently sold homes ranges from $181,088 in Shirland to the lowest price of $19,583 in Shirland. There are 12 cities within Winnebago County, IL. Rockford has 1625 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.65% of properties in Winnebago County, IL.

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      Guide for Winnebago County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?