Why Live in Loves Park
Loves Park, IL, known as "The Heart of the Midwest," is a suburban community with over 23,000 residents. It shares a park district with Rockford and offers access to the Rock River. The city features waterfront properties in Martin Shorewood, including Cape Cods and bungalows, while new construction is prevalent on the east side. Homes average 16 days on the market, with lower property taxes compared to Rockford. However, the eastern banks of the Rock River are prone to flooding during heavy rains, and noise levels are higher near main roads like North Second Street. Commuting is facilitated by Interstate 90 and Rockford Mass Transit District bus routes, with major employers like Danfoss Drives nearby. Chicago Rockford International Airport is about 9 miles away. Recreational attractions include Rock Cut State Park, a 3,092-acre area for hiking, biking, and waterfront activities, and Shorewood Park, home to the Ski Broncs water ski team and regional tournaments. The Rockford Rivets baseball team plays at Rivets Stadium, and the annual Rhythm of the Heart Music Festival takes place at Arthur W. Anderson Peace Park. Commerce is centered around North Alpine Road, with big-box grocers and fast-food restaurants, and nearby shopping in Machesney Park and downtown Rockford. Schools in Loves Park are part of Harlem School District No. 122, which has a good rating.
Home Trends in Loves Park, IL
On average, homes in Loves Park, IL sell after 69 days on the market compared to the national average of 70 days. The median sale price for homes in Loves Park, IL over the last 12 months is $360,000, up 40% from the median home sale price over the previous 12 months.
Median Sale Price
$360,000
Median Single Family Sale Price
$387,740
Median Townhouse Sale Price
$234,900
Median 2 Bedroom Sale Price
$185,500
Average Price Per Sq Ft
$168
Number of Homes for Sale
4
Last 12 months Home Sales
85
Median List Price
$363,875
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
40%