ZIP Code Market Report
61101 โ Rockford, IL
Data through February 2026 ยท Updated monthly
Avg Home Value
$109,267
โฒ 14.1% year-over-year
Month-over-Month
+0.3%
โฒ 0.3%
Single Family
$105,895
Condo / Co-op
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The average home value in the 61101 ZIP code (Rockford, ILLINOIS) is $109,267 as of February 2026. Home prices are rising, up 14.1% compared to last year.
A 3-bedroom home in 61101 is valued at $112,281. 1-bedroom units start around $61,503.
The market in 61101 has a $114,206 spread between bottom-tier homes at $77,349 and top-tier homes at $191,555. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 61101 ZIP code will increase 1.3% over the next 12 months, bringing the projected average to approximately $110,687. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Boone County market area in ILLINOIS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Boone County report.
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Market Snapshot
61101 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $108,356 | $108,932 | $109,267 | โฒ 0.8% |
| Single Family Value | $102,606 | $104,273 | $105,895 | โฒ 3.2% |
Home Values
61101 Home Value Trend
Historical home values for ZIP code 61101. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 61101
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $61,503 |
| 2 Bedrooms | $84,727 |
| 3 Bedrooms | $112,281 |
| 4 Bedrooms | $116,306 |
Property Types
Home Values by Property Type in 61101
How different property types compare in this ZIP code.
All Homes
$109,267
Single Family
$105,895
Bottom Tier
$77,349
Top Tier
$191,555
Forecast
12-Month Home Value Forecast for 61101
Zillow projects home values in 61101 will increase 1.3% over the next year, reaching approximately $110,687.
Current Value
$109,267
Projected Change
+1.3%
โฒ 1.3%
Projected Value
$110,687
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 61101 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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