40Alpha

Rockford, IL metro area Housing Market Brief

metro · IL · score computed October 2026

Balanced

What is Rockford, IL metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●9
Inventory Health25%
●7

Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band

Affordability20%
●85
Economic Strength20%
+4.132
Rental Yield15%
●88

Where is Rockford, IL metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Rockford, IL metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Rockford, IL metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Rockford, IL metro area housing market data

MetricValueYoYSource
Median Sale Price$225K▲ +2.4%Redfin
Median Days on Market35 days▼ -7.9%Realtor.com via FRED
Months of Supply1.5▲ +7.1%Redfin
Homes for Sale563▲ +10.6%Redfin
Homes Sold382▲ +3%Redfin
Median Price / Sq Ft$136▲ +8.1%Redfin

How has Rockford, IL metro area’s Alpha Score moved?

Now: 40
2-period trend
Median sale price · 12 mo

Markets like Rockford, IL metro area

Frequently asked questions

Is Rockford, IL metro area a buyer's or seller's market?

In the scores computed October 2026, Rockford, IL metro area is classified as a Balanced Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Rockford, IL metro area?

The median sale price in Rockford, IL metro area is $225K, having risen 2.4% over the past year, according to Redfin.

How affordable is Rockford, IL metro area?

Rockford, IL metro area scores 85 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Rockford, IL metro area's Alpha Score?

Rockford, IL metro area's strongest dimension is Rental Yield (88/100) and its weakest is Inventory Health (7/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Rockford, IL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.