Housing in Belvidere, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$237,500

Median List Price

$249,450

Price Per Sq Ft

$142

Days on Market

30

Active Inventory

30

Months of Supply

1.7

Seller's market

Zillow Home Value

$247,253

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 23.4%List Price 46.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

58.8%

Sale-to-List Ratio

100.6%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
58.8%
Listings with Price Drops
6.7%

Market Activity

Source: Redfin

Homes Sold

18

New Listings

16

Pending Sales

17

Homes Sold 28.0%New Listings 5.9%Pending 10.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$142

Median List $/SF

$140

Sale $/SF 2.9%List $/SF 30.8%Mar 24Jan 26

Belvidere vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Belvidere is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$153,100

Median Rent

$943

Total Housing Units

10,077

Vacancy Rate

4.8%

Owner Occupied

73.6%

Renter Occupied

26.4%

Median Property Tax

$3,376

per year

Monthly Cost (w/ Mortgage)

$1,164

Housing Types

Single Family
74.2%
Multi-Family
16.9%
Mobile Home
8.9%

The current median sale price in Belvidere, IL is $237,500 according to Redfin data. Homes spend a median of 30 days on the market. 50.0% of homes sold above asking price. The market has 1.7 months of supply. The median price per square foot is $142. The median rent is $943 per month (Census ACS). About 73.6% of housing units are owner-occupied. The median year homes were built is 1972. There are 10,077 total housing units.