Home Values

Loves Park Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$85,300

  • -3.4% 1-year change
  • 5.1% 1-year forecast

The median home value in Loves Park is $85,300. Loves Park home values have declined -3.4% over the past year and Zillow predicts they will rise 5.1% within the next year. The median list price per square foot in Loves Park is None. The median rent price in Loves Park is $930, which is higher than the Rockford Metro median of $800.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Loves Park is 4.3%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Loves Park homeowners underwater on their mortgage is 34.6%, which is higher than Rockford Metro at 34.5%.

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Relative ZHVI
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Loves Park Market Overview

Data through Apr 30, 2015
  • $85,300 ZHVI
  • 5.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $104,038 Median sale price (Mar 31, 2015)
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Loves Park Market Health

Data through Apr 30, 2015
  • 0.5/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 34.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Roscoe $145,200
Cherry Valley $139,100
Winnebago $131,200
Name Median ZHVI
Rockton $129,000
Belvidere $112,000
Poplar Grove $111,600
Name Median ZHVI
South Beloit $107,300
Machesney Park $88,300
Rockford $74,200

Listings & Sales

  • No data
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Loves Park Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,044 Loves Park
    $1,126 Rockford Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $930 Rent list price
  • No data Rent list price / sq ft
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