The story of this market
The typical home in ZIP 61008 sells for about $275,000, or $141 per square foot.
Prices are up +12.2% from a year ago, so sellers still have some momentum. Homes take about 17 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $998 a month.
ZIP 61008 — Belvidere
The 61008 housing market is currently experiencing strong price appreciation and competitive conditions, driven by limited inventory and steady demand. While prices have risen significantly year-over-year, the market remains a seller's environment with homes moving quickly. Local economic stability in the manufacturing sector continues to support housing demand in the Belvidere area.
This ZIP is well-suited for families and local workers seeking more affordable housing options compared to the Chicago metro area, while still maintaining access to regional employment hubs.
Median prices moved up 12.2% year over year.
Homes spend a median of 17 days on market with 3.5 months of supply — a fast-moving market.
10% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 12.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 61008, Boone County IL
Schools in the Belvidere area are generally characterized by moderate performance metrics within the Belvidere Community Unit School District 100.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and occasional winter weather impacts; flood risk is localized to specific low-lying areas near the Kishwaukee River.
Economic momentum is tied to the manufacturing and logistics sectors in the Rockford-Belvidere corridor, with ongoing efforts to attract industrial investment.
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 primarily commute via I-90 toward Rockford or eastward toward the Chicago suburbs, with most commutes being car-dependent.
The area features access to the Kishwaukee River for outdoor activities, several local parks, and proximity to regional shopping and dining hubs in Belvidere and Rockford.
The rental market is characterized by steady demand from local workforce populations, with limited new multi-family supply keeping vacancy rates relatively tight.
The economy is anchored by manufacturing and industrial operations, with significant influence from the broader Rockford metropolitan industrial base.
The area is served by major highway corridors including I-90, facilitating regional transit toward Rockford and Chicago.
Development is focused on industrial and commercial expansion along the I-90 corridor.
The Boone County Assessment Office manages property valuations for tax purposes.
Parcels are subject to Belvidere Community Unit School District 100 and various local municipal and county taxing bodies.
Property insurance premiums are influenced by regional exposure to severe weather events common in Northern Illinois.
Data retrieved from Census Bureau QuickFacts and ACS 5-year estimates for ZCTA 61008.
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 Rockford46 mi
- Volcano Falls Adventure Park4.48 mi
- Ninja Kidz Action Park (Previously Flow)4.88.4 mi
- Urban Air Trampoline and Adventure Park3.86.8 mi
- Chuck E. Cheese4.210.1 mi
- Anderson Japanese Gardens4.711.2 mi
- BMO Center4.512.9 mi
- Prairie Street Brewing Co.4.512.5 mi
- Coronado Theatre4.812.8 mi
- Machine Shed Restaurant4.36.6 mi
- Anderson Japanese Gardens4.711.2 mi
- Rock Cut State Park4.610.2 mi
- Hurricane Harbor Rockford46 mi
- Discovery Center Museum4.812.6 mi
- AMC Rockford 164.25.7 mi
- Illinois Railway Museum4.716.2 mi
- Discovery Center Museum4.812.6 mi
- Burpee Museum of Natural History4.712.5 mi
- Historic Attractions4.916.9 mi
- Midway Village Museum4.77.4 mi
- Rock Cut State Park4.610.2 mi
- Nicholas Conservatory & Gardens4.711.7 mi
- Sinnissippi Park4.711.3 mi
- Baumann Park4.75.9 mi
- Thousand Trails Pine Country43.6 mi
- Prairie Street Brewing Co.4.512.5 mi
- Timber Pointe Golf Club4.54 mi
- Aldeen Golf Club4.67.7 mi
- Swanhills Golf Course4.45.3 mi
- Rockford Country Club4.411.8 mi
- Sandy Hollow Golf Course4.410.7 mi
- CherryVale Mall46.7 mi
- Meijer4.37.3 mi
- Meijer4.311.7 mi
- Ross Dress for Less4.17.1 mi
- Blain's Farm & Fleet4.48.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local opportunities for fishing and recreation.
A central community park offering green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.