Palmwood
Mid-20th century Palmwood houses
Ranch-style and Cape Cod houses built in the 1950s and 60s comprise most of the housing stock in Palmwood, with some dating to the 1920s. They sell for between $150,000 and $300,000. “There are pockets where houses are on a quarter acre,” Lunde says. The property tax rate for the zip code that includes Palmwood is around 3% of the property’s assessed value.The neighborhood is a low-crime area, with a 3 overall score on the CAP crime index scale, below the national average of 4.
Highland Park is part of a summer program encouraging playground activity
In addition to its park, Palmwood is also close to attractions along the Rock River. Highland Park has two tennis courts, a baseball diamond and a playground that is part of the Time2Play neighborhood playground program put on by the Rockford Park District. Throughout the summer, on weekdays from 9 a.m. to 1 p.m., the program invites kids to visit the park, meet new friends and be active. Anderson Japanese Gardens is a 12-acre facility with several waterfalls, ponds, and a Japanese-style tea and guest house. It’s also the site of Tuesday Evening in the Gardens, a summertime concert series starting the day after Memorial Day and lasting weekly through the end of August. Also, on Tuesday nights from May through October, a food truck rally occurs by the Rock River at the Nicholas Conservatory and Gardens, a tropical-based botanical garden with over 11,000 square feet of plants and trees.Popular “pamcake” restaurant on State Street
Shopping and dining options are available within a mile of the neighborhood. On East State Street, Johnny Pamcakes, a name derived from combining the names of owners John and Pam Lack, has been serving breakfast all day and other diner food since 2008. A block west at the corner of East State Street and Fairview Boulevard, Laymon’s BBQ's food truck smokes meat and barbeques sausages. Rivera’s Fresh Market is directly across the street, a grocery store specializing in Mexican ingredients and spices. The supermarket has a hot bar and a taqueria inside. Groceries are also available at Schnucks in the Rockford Plaza Shopping Center, which is a mile to the south.Rockford School District 205
Neighborhood students are zoned for Maud E. Johnson Elementary School, which gets a C on Niche. Abraham Lincoln Middle School will celebrate its centennial in 2027 and is rated a C-minus. It has a 16-to-1 student-teacher ratio. Rockford East High School students can focus on a career in engineering by participating in the Production Academy, which emphasizes designing, prototyping and building. Rockford Christian School is a private option serving students from preschool through 12th grade. The Lower-School campus serves students from preschool through fourth grade, while the Upper-Level campus houses the rest. The school gets an A-minus.State Street has public bus stops
Palmwood is a car-dependent neighborhood. While some of the streets have sidewalks, those who depend on public transportation can catch a Rockford Mass Transit District bus on State Street, where an eastbound route will lead to the UW Health Swedish American Hospital 2 miles and a mile farther east is downtown. It’s about a 20-minute drive to Chicago/Rockford International Airport, 8 miles away. O’Hare International Airport and the northwest suburbs of Chicago are 70 miles east and accessible via Interstate 90.
Written By
Jeff Stapleton
Photography Contributed By
Corey West
Video By
Trevor Stevens
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Agents Specializing in this Area
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Kathleen Oehlberg
Kathleen Oehlberg
Realty One Group Strategies
(815) 706-5733
249 Total Sales
1 in Palmwood
$118,000 Price
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Lora Gilbert
Lora Gilbert
Responds QuicklyDICKERSON & NIEMAN
(779) 256-6155
97 Total Sales
2 in Palmwood
$119K - $139K Price Range
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Jacob Hagie
Jacob Hagie
Responds QuicklyBerkshire Hathaway HomeServices Crosby Starck Real Estate
(779) 256-5641
68 Total Sales
1 in Palmwood
$126,500 Price
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Pamela Cunningham
Pamela Cunningham
Responds QuicklyGambino Realtors
(815) 420-4766
110 Total Sales
1 in Palmwood
$174,000 Price
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Imelda Gonzalez
IG
Imelda Gonzalez
Responds QuicklyU.S. America Realty Inc.
(224) 246-8538
55 Total Sales
1 in Palmwood
$164,900 Price
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Jake Wirtz
Jake Wirtz
Responds QuicklyWirtz Real Estate Group Inc.
(815) 420-3049
515 Total Sales
1 in Palmwood
$182,500 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 6th to 8th
- Public
- K to 5th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Twin Sister Hills Park
Sinnissippi Park
Ingersoll Centennial Park
Anderson Japanese Gardens
- Picnic Area
- Trails
Dahlquist Park
Highland Playground
Nicholas Conservatory & Gardens
Beattie Park Playground
Kevin Erwin Memorial Playground
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Palmwood | US |
|---|---|---|
| Homicide | 4 | 4 |
| Sexual Assault | 4 | 4 |
| Assault with Weapon | 4 | 4 |
| Robbery | 4 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 3 | 4 |
| Larceny | 3 | 4 |
| Crime Score | 4 | 4 |
Source: WhatIsMyCrimeRisk.com
Palmwood Demographics and Home Trends
On average, homes in Palmwood, Rockford sell after 16 days on the market compared to the national average of 70 days. The median sale price for homes in Palmwood, Rockford over the last 12 months is $420,000, up 25% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$420,000
Median Sale Price
$420,000
Median Single Family Sale Price
$281,000
Median Townhouse Sale Price
$530,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
34
Median Home Sale Price YoY Change
25%
Average Price Per Sq Ft
$215
Neighborhood Facts
Number of Homes in Neighborhood
309
Number of Homes for Sale
1
Median Year Built
1960
Months of Supply
0.40
Average Single Family Home Size Sq Ft
1,411
Significantly below the national average
1,924
Median Lot Size Sq Ft
9,583
Distribution of Home Values
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,319
Median Age
40
Population Density
7 ppl/acre
Population under 18
25.7%
On par with the national average
23.8%
Population over 65
21.8%
On par with the national average
19.1%
Finances
Median Household Income
$68,301
On par with the national average
$71,702
Average Household Income
$81,976
Education and Workforce
High School Graduates
90.5%
College Graduates
34.5%
Advanced Degrees
11.7%
On par with the national average
13.3%
% Population in Labor Force
69.9%
On par with the national average
65.1%
Weather
Annual Precipitation
37''
Average Winter Low Temperature
15°F
Average Summer High Temperature
84°F
Annual Snowfall
34''
Area Factors
Somewhat Bikeable
Bike Score®
33
/ 100
Car-Dependent
Walk Score®
48
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Alpine Ridge
Living between a park and Rockford's major thoroughfare
Belle Meade
A neighborhood southeast of downtown Rockford surrounded by large parks
Miracle Mile
A rejuvenated section of Rockford east of downtown
Twin Sister Hills
Cape Cods and ranch-style homes at the foot of a quaint East Rockford park
Highland Area
Historic homes and residential community feel surrounded by restaurants
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