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Belvidere, IL Real Estate & Property Data

Belvidere Real Estate Market Trends

Last Updated: April 19, 2024

Accurate and comprehensive real estate data is critical for insight into Belvidere, IL. ATTOM’s Belvidere real estate data is updated daily, and current market trends show that in Belvidere, IL a total of 423 residential properties have sold over the past year. With a median home price of $225,000 in Belvidere and a total of 5 foreclosures. Get detailed property data for Belvidere, IL instantly. ATTOM is your one-stop-shop for the Belvidere property reports and real estate data you need in Belvidere, IL.

Belvidere Real Estate Market Trends

Get property data for any address in Belvidere, IL or the country:

Total Residential Properties 11,163

Total Commercial Properties 598

Avg. Home Age (Single Family Home) 44 Years

Avg. Square Feet (Single Family Home) 1,955

Total 2024 Residential Sales (year-to-date) 49

% of Homes Seriously Underwater (Q2 2024) 0.9%

Total 2023 Residential Sales 407

% of Equity Rich Homes (Q2 2024) 37.51%

Effective 2023 Property Tax 2%

Total Foreclosure Filings (year-to-date) 14

Belvidere, IL Real Estate Overview

There were 423 residential properties sold in the past year in Belvidere, IL. The median home value in Belvidere, IL is $216,451. There are a total of 11,163 residential properties in the Belvidere.

Median Sales Price i

$225,000

(Feb 2024)

+13.1%

year-over-year

y-o-y

February '24 Feb '24 $225,000
January '24 Jan '24 $290,000
December '23 Dec '23 $245,000
November '23 Nov '23 $205,000
October '23 Oct '23 $215,000
September '23 Sep '23 $188,000
August '23 Aug '23 $185,000
July '23 Jul '23 $225,000
June '23 Jun '23 $225,000
May '23 May '23 $190,000
April '23 Apr '23 $176,000
March '23 Mar '23 $162,500

Median Down Payment i

$44,500

(Feb 2024)

+58.9%

year-over-year

y-o-y

February '24 Feb '24 $44,500
January '24 Jan '24 $21,937
December '23 Dec '23 $33,562
November '23 Nov '23 $7,970
October '23 Oct '23 $33,000
September '23 Sep '23 $9,500
August '23 Aug '23 $28,900
July '23 Jul '23 $32,175
June '23 Jun '23 $30,235
May '23 May '23 $35,000
April '23 Apr '23 $19,722
March '23 Mar '23 $30,040

Number of Homes Sold i

27

(Feb 2024)

+8%

year-over-year

y-o-y

February '24 Feb '24 27
January '24 Jan '24 22
December '23 Dec '23 38
November '23 Nov '23 28
October '23 Oct '23 36
September '23 Sep '23 46
August '23 Aug '23 29
July '23 Jul '23 39
June '23 Jun '23 34
May '23 May '23 43
April '23 Apr '23 40
March '23 Mar '23 16

Number of Purchase Loans i

21

(Feb 2024)

+16.7%

year-over-year

y-o-y

February '24 Feb '24 21
January '24 Jan '24 18
December '23 Dec '23 21
November '23 Nov '23 25
October '23 Oct '23 28
September '23 Sep '23 32
August '23 Aug '23 23
July '23 Jul '23 32
June '23 Jun '23 22
May '23 May '23 37
April '23 Apr '23 26
March '23 Mar '23 11

Number of REFI Loans i

10

(Feb 2024)

-63%

year-over-year

y-o-y

February '24 Feb '24 10
January '24 Jan '24 21
December '23 Dec '23 15
November '23 Nov '23 23
October '23 Oct '23 17
September '23 Sep '23 14
August '23 Aug '23 23
July '23 Jul '23 16
June '23 Jun '23 23
May '23 May '23 22
April '23 Apr '23 15
March '23 Mar '23 21

Number of HELOC Loans i

6

(Feb 2024)

+500%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 6
December '23 Dec '23 12
November '23 Nov '23 12
October '23 Oct '23 11
September '23 Sep '23 9
August '23 Aug '23 11
July '23 Jul '23 7
June '23 Jun '23 14
May '23 May '23 14
April '23 Apr '23 10
March '23 Mar '23 4

Belvidere, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

61008
$216,451 $110.72/sqft

Belvidere, IL Foreclosure Activity

There were a total of 5 Belvidere, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

5

(Feb 2024)

-58.3%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 9
December '23 Dec '23 4
November '23 Nov '23 4
October '23 Oct '23 6
September '23 Sep '23 7
August '23 Aug '23 4
July '23 Jul '23 3
June '23 Jun '23 5
May '23 May '23 4
April '23 Apr '23 2
March '23 Mar '23 2

Foreclosure Starts i

3

(Feb 2024)

-66.7%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 8
December '23 Dec '23 4
November '23 Nov '23 4
October '23 Oct '23 5
September '23 Sep '23 6
August '23 Aug '23 2
July '23 Jul '23 3
June '23 Jun '23 4
May '23 May '23 4
April '23 Apr '23 2
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 2
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

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