R
ockford's housing market is gaining national recognition as one of the top in the US. In April 2024, it was named the nation's top housing market by the Wall Street Journal, based on real estate performance, economic health, and quality of life. Just months later, Rockford took the title of "hottest" housing market due to high demand and a swift sales pace.

    Rockford Mayor Tom McNamara notes that the city has come a long way from its past reputation as the "underwater mortgage capital" and one of the most miserable places to live. However, with listings on Realtor.com nearly three times higher than the national average, Rockford is poised for growth.

    The median home price in December was $242,000, spending an average of 43 days on the market - significantly less than the 70-day national average. Despite expectations that inventory will increase, Northwest Illinois Alliance of Realtors CEO Conor Brown predicts it will remain a seller's market due to high demand. According to Realtor.com, Rockford's housing market is characterized by high demand and low inventory, with homes selling at an accelerated pace compared to the national average.