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Coffee and Cafe - Belvidere, IL 'City of Murals' - panoramioPhoto: RSchulenburg · CC BY-SA 3.0
Housing in Belvidere

258 homes sold in Belvidere in the last year, at a typical $236K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Belvidere homes are listed.

Homes sold
258
June 2025 to May 2026
Typical sale price
$236K
median, weighted by sales
Price per square foot
$139
Illinois $193
Paid vs. asking
100.2%
45% sold over asking
For sale now
37
May 2026 · 21 sold that month
What sold · last 12 months

Houses are 89% of Belvidere’s sales, at a typical $243K

258 homes sold in the year to May 2026.

Houses$243K

typical sale · 230 sold in 12 months

Per square foot
$145IL $180
Days to sell
20
Sold over asking
43%
Listings with a price cut
26%
Fewer sales

Multi-family (2–4 units): 12 sold, typical $219K
Townhouses: 9 sold, typical $199K
Condos: 7 sold, typical $233K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.2 times the 2016 price

258 sales in the last year, against 332 in 2021 and a low of 209 in 2023. The typical sale went from $107K in 2016 to $236K.

Homes soldTypical sale price
087175262350$75K$150K$225K$300K2012: 212 sold, typical $82K’122013: 268 sold, typical $81K2014: 246 sold, typical $91K’142015: 286 sold, typical $94K2016: 295 sold, typical $107K’162017: 297 sold, typical $132K2018: 301 sold, typical $136K’182019: 264 sold, typical $135K2020: 328 sold, typical $143K’202021: 332 sold, typical $161K2022: 296 sold, typical $169K’222023: 209 sold, typical $193K2024: 263 sold, typical $219K’242025: 259 sold, typical $222KLast 12 months: 258 sold, typical $236KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Belvidere

Houseat $145 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Belvidere homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Belvidere are more common than before the pandemic, but 41% fewer homes come up for sale

We read every month of Belvidere’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 258 sales.

If you’re buying in Belvidere

  • Shop in October. It brings about 29 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
  • You can negotiate. 23% of listings have cut their price, against 19% before the pandemic.
  • Bid near asking. Buyers paid 100.2% of the list price on average; 45% paid over.
  • Move fast on good ones. 62% of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

August has the most new listings (about 32 a month), but May is the most competitive: 40% of May sales close over asking. October offers nearly as much choice with fewer homes bid up (27%). February has the least competition (24%).

New listings a monthShare sold over asking
08.817.526.33513%27%40%Sweet spotJan: 18 new listings a month, 25% sold over asking, 46 days to sellJFeb: 20 new listings a month, 24% sold over asking, 48 days to sellFMar: 28 new listings a month, 28% sold over asking, 53 days to sellMApr: 28 new listings a month, 36% sold over asking, 32 days to sellAMay: 31 new listings a month, 40% sold over asking, 34 days to sellMJun: 31 new listings a month, 39% sold over asking, 30 days to sellJJul: 30 new listings a month, 31% sold over asking, 36 days to sellJAug: 32 new listings a month, 31% sold over asking, 28 days to sellASep: 28 new listings a month, 34% sold over asking, 33 days to sellSOct: 29 new listings a month, 27% sold over asking, 33 days to sellONov: 22 new listings a month, 27% sold over asking, 37 days to sellNDec: 14 new listings a month, 25% sold over asking, 32 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Illinois

Belvidere now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price45%21%43%37%
Gone within two weeksShare of homes under contract within 14 days62%14%27%46%
Listings with a price cutShare of homes for sale that cut their price23%19%19%19%
Price paid vs. askingAverage sale price ÷ list price100.2%97.7%99.9%99.2%
Days to sellMedian days from listing to contract20441749
Supply

35 homes for sale on a typical day

That’s 1.5 times the 2023 low (24), 41% fewer than in 2017–19 and well under 2012’s 90.

2012: 90 for sale’122013: 69 for sale2014: 82 for sale2015: 88 for sale’152016: 72 for sale2017: 64 for sale2018: 58 for sale’182019: 57 for sale2020: 48 for sale2021: 41 for sale’212022: 37 for sale2023: 24 for sale2024: 25 for sale’242025: 32 for saleLast 12 months: 35 for saleNow
Room to negotiate

1 in 4 listings has cut its price

23% in the last year, against 19% in 2017–19 and 19% across Illinois.

2015: 17%’152016: 18%2017: 16%2018: 20%’182019: 22%2020: 22%2021: 19%’212022: 20%2023: 21%2024: 24%’242025: 23%Last 12 months: 23%Now
Prices by type

Since 2019, houses are up 63%, condos 110%

A house typically sold for $243K in the last year (230 sales), a condo for $233K (7).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $85K, 241 salesHouses 2014: $97K, 216 salesHouses 2015: $95K, 250 salesHouses 2016: $109K, 248 salesHouses 2017: $139K, 263 salesHouses 2018: $142K, 266 salesHouses 2019: $149K, 216 salesHouses 2020: $148K, 282 salesHouses 2021: $167K, 299 salesHouses 2022: $178K, 250 salesHouses 2023: $203K, 183 salesHouses 2024: $227K, 238 salesHouses 2025: $230K, 223 salesHouses last 12 months: $243K, 230 salesHouses $243KCondos 2013: $87K, 11 salesCondos 2014: $74K, 13 salesCondos 2015: $112K, 12 salesCondos 2016: $108K, 20 salesCondos 2017: $120K, 19 salesCondos 2018: $121K, 12 salesCondos 2019: $111K, 20 salesCondos 2020: $134K, 12 salesCondos 2021: $150K, 11 salesCondos 2022: $147K, 13 salesCondos 2023: $149K, 6 salesCondos 2024: $180K, 9 salesCondos 2025: $185K, 6 salesCondos last 12 months: $233K, 7 salesCondos $233K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Belvidere ranks 74th of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Belvidere is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Belvidere home costs about $1,660 a month

Mortgage
Property tax
Insurance
Rent

Price: Belvidere’s typical sale, last 12 months. Property tax at Belvidere’s 2.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Belvidere is affordable on local pay is on Cost of living.

Before you buy in Belvidere

Six things worth knowing

32

New listings in August

The month with the most choice. December has the fewest, about 14.

Best time to buy
2.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $236K home, about $5,140 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Belvidere, from test results, graduation and how much students grow.

Schools in Belvidere
24 min

Typical commute

The average one-way trip to work for people who live in Belvidere.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Candlewick Lake, Poplar Grove, Loves Park and Rockford sell for less a square foot

The busier markets within 25 miles of Belvidere, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Rockford1,761$170K$11046%13
Loves Park355$201K$13345%11
Machesney Park272$216K$14347%12
Belvidere258$236K$13945%20
Candlewick Lake82$247K$13029%26
Poplar Grove56$296K$13327%43
Cherry Valley Township55$273K$14653%21

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Belvidere, free

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Questions about buying a home in Belvidere

What do homes sell for in Belvidere, IL?

258 homes sold in the year to May 2026 at a typical $236K, $139 a square foot.

Is Belvidere a buyer’s or seller’s market?

A seller’s market: 37 homes were for sale in May 2026 and 21 sold, about 1.8 months of supply. Buyers paid 100.2% of asking on average, and 23% of listings cut their price.

When is the best time to buy in Belvidere?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Belvidere?

About 2.2% of a home’s value a year. On a $236K home that’s near $5,140.

Where can I see homes for sale in Belvidere?

Zillow, Redfin, Realtor.com and Homes.com all carry Belvidere’s MLS listings; the search links above open each one filtered to Belvidere.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).