ZIP Code 61103 — Rockford, IL Home Prices (2026)
The typical home in ZIP 61103 (Rockford, Illinois) is worth about $155,000 at roughly $98 per square foot — 11% more affordable than the Rockford median and 47% more affordable than the typical U.S. home.
How 61103 compares
ZIP 61103 is a mid-priced ZIP code for Rockford: its typical home value of $155,000 ranks #5 of the 8 Rockford ZIP codes we track (the citywide range runs from $115,000 in 61104 to $275,000 in 61114). Per square foot it costs about $98, against $127 for Rockford as a whole, $135 for Illinois, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 61103 | $155,000 | $98 |
| Rockford, IL | $174,000 | $127 |
| Illinois | $200,000 | $135 |
| United States | $294,000 | $195 |
Home value by size in 61103
Using this ZIP’s rate of about $98 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $98,000 |
| 1,500 sq ft | $147,000 |
| 2,000 sq ft | $196,000 |
| 2,500 sq ft | $245,000 |
| 3,000 sq ft | $294,000 |
Salary needed to buy a home in ZIP 61103
To buy the typical $155,000 home in ZIP 61103 with 20% down, you need a household income of roughly $42,000 a year (about $980 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $50,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $7,800 | $1,220/mo | $52,000/yr |
| 10% (+PMI) | $15,500 | $1,170/mo | $50,000/yr |
| 20% | $31,000 | $980/mo | $42,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 61103
At about $98 per square foot, here is roughly how much home different budgets get you in ZIP 61103:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1530 sq ft | around the typical home here |
| $200k | 2040 sq ft | around the typical home here |
| $250k | 2550 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 3060 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 61103 home.
Estimate a specific home in 61103
The estimator below is pre-set to ZIP 61103 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Rockford ZIP codes by home value
Where 61103 sits among Rockford’s 8 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 61114 | $275,000 | $137 |
| 2 | 61107 | $229,000 | $130 |
| 3 | 61109 | $196,000 | $154 |
| 4 | 61108 | $193,000 | $142 |
| 5 | 61103 (this page) | $155,000 | $98 |
| 6 | 61102 | $125,000 | $123 |
| 7 | 61101 | $117,000 | $107 |
| 8 | 61104 | $115,000 | $96 |
ZIP 61103 home prices: frequently asked
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See the full Rockford home values page, all Illinois cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.