Winnebago County Housing Data Analysis
According to Realtor.com data, the median listing price for homes in Winnebago County was $240,000 in November, representing a 1.8% decline from October's $244,444.
Compared to the same period last year, November's median price showed an 8.4% increase from $221,450.
Properties in the county typically featured 1,680 square feet, with a price per square foot of $131. This represents a 10.1% rise in price per square foot compared to November 2024.
Market Activity and Comparisons
Homes in Winnebago County spent a median of 39 days on the market, significantly less than the national median of 64 days. In October, the median was 37 days.
New listings in November totaled 264, marking a 3.1% increase from 256 new listings in November 2024.
Across the broader Rockford metropolitan area, the median home price remained steady at $248,888, unchanged from the previous month. These homes averaged 1,749 square feet at $137 per square foot.
Broader Market Context
In Illinois, the median home price was $299,900, showing a minor decrease from October. Illinois homes averaged 1,659 square feet with a price per square foot of $180.
Nationally, the median home price stood at $415,000, also experiencing a slight decline from the prior month. U.S. homes averaged 1,820 square feet at $222 per square foot.
Experts note that the median price provides a more accurate market picture than the average, as it isn't skewed by extreme high or low values.