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Belvidere, IL 61008 Real Estate & Property Data

Belvidere, IL 61008 Real Estate Market Trends

Last Updated: April 19, 2024

A total of 423 residential properties have been sold over the past 12 months in 61008. With a median sales price of $225,000 in 61008 and a total of 5 foreclosures in Belvidere, IL 61008. Discover market trends and get the granular level real estate data for Belvidere, IL 61008 to keep your pulse on the housing market. Curate compelling home reports for Belvidere, IL 61008 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Belvidere, IL 61008 Real Estate Market Trends

Get property data for any address in Belvidere, IL 61008 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 61008 Real Estate Overview

There were 423 residential properties sold in the past year in Belvidere, IL 61008. The median home value in Belvidere, IL 61008 is $216,451. There are a total of 11,163 residential properties in the 61008.

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 61008 Real Estate Market Overview

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Belvidere, IL 61008 Foreclosure Activity

There were a total of 5 Belvidere, IL 61008 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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