Metro area index
Home appreciation in the Rockford, IL metro area
FHFA HPI® data shows the Rockford, IL metro area's all-transactions index changed +8.2% over the year to Q2 2026, versus +6.0% for Illinois and +3.0% for the U.S. That ranks 23rd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +8.2%
- 5-year change
- +63.8%
- Since Q1 1995
- +157%
- Metro rank (1 year)
- 23rd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Rockford, IL vs Illinois and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Rockford, IL: 256.9
- Illinois: 283.5
- United States: 391.6
Appreciation by time window
| Window | Metro | IL | U.S. | Gap vs IL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +8.2% | +6.0% | +3.0% | +2.2 pts | +5.1 pts |
| 3 years | +28.4% | +21.8% | +12.9% | +6.6 pts | +15.5 pts |
| 5 years | +63.8% | +46.9% | +41.3% | +16.9 pts | +22.5 pts |
| 10 years | +112% | +75.6% | +93.3% | +36.6 pts | +18.9 pts |
| Since Q1 1995 | +157% | +184% | +292% | −26.6 pts | −134.7 pts |
3-digit ZIP regions in the Rockford, IL area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 611 · Rockford, IL area | IL | +10.0% | +70.1% | +159% | 100% |
| 610 · Freeport, IL area | IL | +6.0% | +52.9% | +156% | 36% |
Boom, bust, and recovery in Rockford, IL area
Rockford, IL area's index peaked in Q2 2007, fell 25.8% to its low in Q4 2013, and regained its peak in Q2 2021, about 14 years after the top. Today it sits +68.6% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2007 | Q4 2013 | -25.8% | Q2 2021 (14 yrs) | +68.6% |
| IL | Q1 2007 | Q2 2012 | -21.8% | Q2 2021 (14.2 yrs) | +51.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Rockford, IL area's index has changed +16.0% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | IL after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +4.1% | +2.0% | -0.8% |
| 3 years | +9.8% | +16.9% | +10.9% | +2.8% |
| 5 years | +24.0% | +32.0% | +18.4% | +13.9% |
| 10 years | +39.1% | +52.6% | +26.3% | +39.0% |
| Since Q1 1995 | +121% | +16.0% | +28.0% | +76.8% |
If you bought in the Rockford, IL area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +155% | $765,253 |
| Q2 2000 | +128% | $684,378 |
| Q2 2005 | +83.8% | $551,263 |
| Q2 2010 | +90.9% | $572,604 |
| Q2 2015 | +118% | $654,168 |
| Q2 2020 | +84.3% | $552,765 |
| Q2 2021 | +63.8% | $491,272 |
| Q2 2023 | +28.4% | $385,093 |
| Q2 2025 | +8.1% | $324,440 |
Frequently asked questions
- How much have home prices risen in the Rockford, IL area?
- FHFA HPI® data for the Rockford, IL metro area shows changes of +8.2% over one year, +63.8% over five years, and +112% over ten years to Q2 2026, and +157% since Q1 1995.
- Is the Rockford, IL area beating the national average?
- Over the past year the metro's index moved +5.1 pts versus the U.S.; over five years the gap is +22.5 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.