Seward, IL housing market
Home prices around Seward have risen about 54% over the past 5 years.
Home values, sales, trends and how Seward compares with the towns next door — updated as new data is published.
Home prices up 54% in 5 years
The federal house price index for the ZIP codes around Seward rose 54% over the past 5 years, faster than across Illinois (47%). Last year prices rose 5.8%.
Show as a table
| Year | Change that year | Since 2000 | Illinois since 2000 |
|---|---|---|---|
| 2025 | +5.8% | +85% | +96% |
| 2024 | +10% | +75% | +85% |
| 2023 | +9.4% | +59% | +73% |
| 2022 | +10% | +45% | +61% |
| 2021 | +9.2% | +31% | +44% |
| 2020 | +2.3% | +20% | +33% |
| 2019 | +4% | +18% | +32% |
| 2018 | +5% | +13% | +28% |
| 2017 | +7.6% | +7.8% | +25% |
| 2016 | +0.4% | +0.2% | +22% |
| 2015 | −1.3% | −0.2% | +19% |
| 2014 | −0.7% | +1.1% | +15% |
| 2013 | −0.1% | +1.8% | +11% |
| 2012 | −4.3% | +1.9% | +11% |
| 2011 | −3.8% | +6.5% | +14% |
| 2010 | −6.6% | +11% | +21% |
| 2009 | −3% | +18% | +29% |
| 2008 | −1% | +22% | +40% |
| 2007 | +2.1% | +23% | +45% |
| 2006 | +4.7% | +21% | +43% |
| 2005 | +4% | +15% | +35% |
| 2004 | +6.7% | +11% | +24% |
| 2003 | +0.8% | +3.9% | +15% |
| 2002 | +1.3% | +3% | +11% |
| 2001 | +1.7% | +1.7% | +5.6% |
| 2000 | — | — | — |
How Seward ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 61063, 61088, 61047, 61077, covering 87% of Seward’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Seward and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Seward | — | +5.8%† | $1,300 | $100,583 |
| Pecatonica | $242K | +9.1% | $1,310 | $81,012 |
| Winnebago | $291K | +8.2% | $1,200 | $94,375 |
| Leaf River | $129K | +15.4% | $1,350 | $85,833 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,300
HUD's Fair Market Rent for a two-bedroom in Seward is $1,300 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $900 · 4 bedrooms $1,770
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61047, 61063, 61077, 61088; Rockford, IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.