Rockford, IL Metro Area: Median Home Value Trend
How Rockford, IL Metro Area's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$119,700
2023
$162,600
Total change
+$42,900
% change
+35.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $119,700 | — |
| 2019 | $124,800 | +$5,100 (4.3%) |
| 2020 | $126,700 | +$1,900 (1.5%) |
| 2021 | $132,000 | +$5,300 (4.2%) |
| 2022 | $152,800 | +$20,800 (15.8%) |
| 2023 | $162,600 | +$9,800 (6.4%) |