The story of this market
The typical home in ZIP 61011 sells for about $350,000, or $193 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 $1,685 a month.
ZIP 61011 — Caledonia
The 61011 housing market is characterized by low inventory and steady demand for single-family homes, resulting in consistent year-over-year price appreciation. The market remains seller-leaning, driven by limited supply and the area's appeal to families seeking suburban space within commuting distance of Rockford. Market conditions are stable, with pricing reflecting the broader regional trend of modest growth.
This ZIP is best suited for family buyers and commuters seeking larger lot sizes and a suburban-rural lifestyle while maintaining access to the Rockford employment core.
Median prices moved up 6.3% year over year.
Homes spend a median of 34 days on market with 3.6 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 9.4% · poverty 4.3% — 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 7.3%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 61011
The area is served by districts including North Boone and Belvidere, generally characterized by stable performance metrics consistent with the broader regional suburban profile.
The region is subject to standard Midwestern weather risks, including severe thunderstorms and occasional high winds; flood risk is localized to areas near the Rock River and its tributaries.
Economic momentum is driven by the proximity to the Rockford aerospace and manufacturing cluster, with residential development focused on low-density, single-family expansion in the Caledonia and Boone County periphery.
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 rely on personal vehicles for commutes, with access to I-90 and I-39 providing regional connectivity to Rockford and the greater Chicago metropolitan area.
The area features access to rural greenbelts, local parks, and proximity to the Rock River for outdoor activities, with major retail and dining amenities located in nearby Loves Park and Rockford.
The rental market is limited in depth due to the predominantly owner-occupied, single-family housing stock, with low vacancy pressure and minimal short-term rental activity.
The economy is anchored by the Rockford metropolitan area's manufacturing and aerospace sectors, supported by regional logistics and freight operations.
Development is primarily characterized by incremental single-family residential growth on the urban fringe.
Parcels are subject to local school district, county, and township levies, with potential special service area assessments for utility infrastructure.
Property insurance premiums are influenced by regional exposure to severe convective storms and wind events.
Data retrieved from Census Reporter and ACS 5-year summary 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 Rockford410.8 mi
- Volcano Falls Adventure Park4.45.8 mi
- Ninja Kidz Action Park (Previously Flow)4.810.5 mi
- Urban Air Trampoline and Adventure Park3.89.6 mi
- Chuck E. Cheese4.211.2 mi
- Anderson Japanese Gardens4.710.6 mi
- The Abbey Resort & Avani Spa4.120 mi
- BMO Center4.512.9 mi
- Prairie Street Brewing Co.4.512.5 mi
- Coronado Theatre4.812.6 mi
- Anderson Japanese Gardens4.710.6 mi
- Rock Cut State Park4.64.8 mi
- Classic Cinemas Beloit XQ4.79.2 mi
- Hurricane Harbor Rockford410.8 mi
- Discovery Center Museum4.812.3 mi
- Discovery Center Museum4.812.3 mi
- Historic Attractions4.96.8 mi
- Burpee Museum of Natural History4.712.3 mi
- Midway Village Museum4.78.9 mi
- Frank Lloyd Wright's Laurent House4.88.9 mi
- Rock Cut State Park4.64.8 mi
- Nicholas Conservatory & Gardens4.711.4 mi
- Sinnissippi Park4.711.1 mi
- Baumann Park4.711.8 mi
- Thousand Trails Pine Country413 mi
- Prairie Street Brewing Co.4.512.5 mi
- Aldeen Golf Club4.68.3 mi
- Timber Pointe Golf Club4.57.7 mi
- Swanhills Golf Course4.45.6 mi
- Ledges Golf Course4.44.5 mi
- Rockford Country Club4.410.4 mi
- CherryVale Mall411 mi
- Meijer4.38 mi
- Meijer4.35.5 mi
- Ross Dress for Less4.19.5 mi
- Schnucks Roscoe4.36 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides regional recreational access for boating and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.