The story of this market
The typical home in ZIP 61020 sells for about $185,000, or $140 per square foot.
Prices are up +6.3% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 61020 — Davis Junction
The housing market in 61020 remains stable with steady demand and limited inventory, reflecting a resilient suburban market. Prices have seen modest year-over-year growth, supported by the area's higher median household income relative to the broader Rockford region. Market activity is characterized by competitive conditions for well-priced single-family homes.
This ZIP is well-suited for family buyers and professionals seeking a suburban environment with higher-than-average household incomes compared to the nearby city of Rockford.
Median prices moved up 6.3% year over year.
Homes spend a median of 34 days on market with 2.7 months of supply — a fast-moving market.
10% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 8.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 61020
Not determinable at the ZIP level; regional crime trends in the Rockford metropolitan area are monitored by local law enforcement agencies.
Schools serving the area are generally characterized by moderate performance metrics within the regional district framework.
The area is subject to standard Midwestern climate risks, including seasonal severe thunderstorms and occasional winter weather impacts; flood risk varies by proximity to local waterways.
Economic momentum is tied to the broader Rockford industrial and manufacturing base, with ongoing infrastructure maintenance and regional commercial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Residents typically rely on personal vehicles for commuting, with access to regional highway corridors connecting to the Rockford employment core.
The area features access to local parks, community green spaces, and proximity to regional shopping and dining districts within a short drive.
The rental market shows stable demand with moderate vacancy pressure, reflecting the area's suburban residential character.
The economy is anchored by the Rockford metropolitan area's manufacturing, logistics, and healthcare sectors.
Regional transit is primarily highway-based, with limited public transit options serving the suburban ZIP code.
Development is focused on residential infill and small-scale commercial expansion.
Assessments are conducted by the county appraisal districts following state-mandated cycles.
Parcels are subject to local school district, county, and municipal tax levies.
Property insurance premiums are influenced by regional weather patterns and state-wide risk assessments.
Illinois is a judicial foreclosure state requiring court intervention for the foreclosure process.
Illinois law requires sellers to provide a residential real property disclosure report detailing known material defects.
Data retrieved from census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Hurricane Harbor Rockford413 mi
- Volcano Falls Adventure Park4.417.5 mi
- Ninja Kidz Action Park (Previously Flow)4.812.9 mi
- Urban Air Trampoline and Adventure Park3.813.9 mi
- Chuck E. Cheese4.212.5 mi
- Anderson Japanese Gardens4.713.7 mi
- BMO Center4.512.2 mi
- Prairie Street Brewing Co.4.512.4 mi
- Coronado Theatre4.812.4 mi
- Byron Dragway4.88.3 mi
- Discovery Center Museum4.812.7 mi
- Lowden State Park4.711.6 mi
- Burpee Museum of Natural History4.712.7 mi
- Baumann Park4.712.3 mi
- Klehm Arboretum & Botanic Garden4.610.4 mi
- Discovery Center Museum4.812.7 mi
- Burpee Museum of Natural History4.712.7 mi
- Midway Village Museum4.714.5 mi
- Frank Lloyd Wright's Laurent House4.814.9 mi
- Tinker Swiss Cottage Museum and Gardens4.711.7 mi
- Lowden State Park4.711.6 mi
- Baumann Park4.712.3 mi
- Klehm Arboretum & Botanic Garden4.610.4 mi
- The Eternal Indian4.712 mi
- Alpine Hills Adventure Park4.412.1 mi
- Prairie Street Brewing Co.4.512.4 mi
- PrairieView Golf Club4.77.5 mi
- Sandy Hollow Golf Course4.49.7 mi
- Silver Ridge Golf Course4.512.5 mi
- Ingersoll Golf Course4.212.7 mi
- Fairways Golf Course4.212.6 mi
- CherryVale Mall412.6 mi
- Schnucks Rockford Plaza4.211.9 mi
- Blain's Farm & Fleet4.413 mi
- Macy's4.112.6 mi
- Schnucks 11th Street49.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides neighborhood green space and walking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.