Park Village, Rockford, IL
Park Village — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Park Village, Rockford, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Park Village Neighborhood Overview
Park Village is a residential neighborhood located in the heart of Rockford, Illinois. It offers residents a convenient urban setting with a strong sense of community. The area provides a balance of accessibility and residential calm.
Lifestyle & Amenities
Residents enjoy proximity to local parks and essential retail services. The neighborhood's central location allows for easy access to downtown Rockford's offerings. Daily conveniences and community spaces contribute to a practical lifestyle.
Real Estate Market
The housing market in Park Village is characterized by its affordability. According to U.S. Census data, the median home value in the area is $83,800. This presents an accessible entry point for homeownership in the city.
Schools & Education
The neighborhood is served by the Rockford Public School District. Families have access to a range of public educational institutions. For specific school assignments and performance data, consulting the district directly is recommended.
Transportation & Connectivity
Park Village benefits from excellent connectivity via major arterial roads. Public transit options serve the area, facilitating commutes and travel throughout the city. Its central position makes regional travel straightforward.
Why Choose Park Village
Park Village is an ideal choice for those seeking an affordable, well-connected neighborhood in central Rockford. With a median household income of $45,363, it represents a community of working families and individuals. It offers the essentials of city living with a neighborhood feel.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Park Village Market Data
| Metric | Value |
|---|---|
| Median Home Price | $84K |
| Median Gross Rent | $922/mo |
| Median Household Income | $45K |
| Homeownership Rate | 52.4% |
| Renter-Occupied | 47.6% |
| Rental Vacancy Rate | 7.1% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 61101 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Park Village, Rockford
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Park Village, Rockford, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12