The story of this market
The typical home in ZIP 61047 sells for about $231,000, or $140 per square foot.
Prices are up +13.3% 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 $764 a month.
ZIP 61047 — Leaf River
The 61047 market is a rural, low-density area with a median home price of approximately $231,000. Market conditions are driven by limited inventory and a reliance on local economic stability, with rental demand showing signs of pressure. Figures for inventory and sales are derived from the broader Rockford metropolitan market data where ZIP-specific reporting is unavailable.
This ZIP is best suited for those seeking a rural lifestyle, though investors should approach with caution due to market-specific stability concerns.
Median prices moved up 13.3% year over year.
Homes spend a median of 34 days on market with 0.9 months of supply — a fast-moving market.
10% of listings have cut prices · homes sell at 101% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 4.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 61047, Ogle County IL
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is characterized by a rural economy with limited large-scale industrial development, relying on local agricultural and small-business sectors.
Property taxes are assessed at the county level in Ogle County, with rates influenced by local school district and municipal levies.
Residents typically face a commute of approximately 28.4 minutes to reach regional employment hubs.
The area features rural landscapes and proximity to local parks and outdoor spaces typical of the Ogle County region.
The rental market in 61047 faces challenges including vacancy pressure and softer price growth, requiring careful tenant screening.
The local economy is primarily driven by agriculture and small-scale commerce within the Ogle County micro-area.
Data retrieved from Census Reporter ZCTA 61047 profile.
- Chuck E. Cheese4.219.5 mi
- West Rock Wake Park4.715.1 mi
- Anderson Japanese Gardens4.719.5 mi
- BMO Center4.517.2 mi
- Prairie Street Brewing Co.4.517.7 mi
- Coronado Theatre4.817.5 mi
- Byron Dragway4.85.6 mi
- White Pines Forest State Park4.710.9 mi
- Castle Rock State Park4.611 mi
- Lowden State Park4.77.5 mi
- Castle Rock Overlook4.811.6 mi
- Oregon Park West4.78.5 mi
- Discovery Center Museum4.817.8 mi
- Burpee Museum of Natural History4.717.8 mi
- Tinker Swiss Cottage Museum and Gardens4.716.7 mi
- John Deere Historic Site4.816.7 mi
- Rockford Art Museum4.617.8 mi
- White Pines Forest State Park4.710.9 mi
- Castle Rock State Park4.611 mi
- Lowden State Park4.77.5 mi
- The Eternal Indian4.77.4 mi
- Wild Roots Nature Center4.710.3 mi
- Prairie Street Brewing Co.4.517.7 mi
- PrairieView Golf Club4.76.4 mi
- Silver Ridge Golf Course4.55.6 mi
- Lynx Golf Course at Westlake Village4.312.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.