Illinois Housing Markets Heat Up; Rockford Cracks Top 5 Hottest in US
- Report names 30 "hottest" US housing markets, 3 are in Illinois Springfield (#25), Peoria (#15), and Rockford (#4)
- Homes in Springfield spend 49 days on market, median price $169K; Peoria 48 days, $150K; Rockford 40 days, $200K
- Rockford saw 18% price increase in 2022
- Realtor.com data used to rank cities based on supply/demand measures
- Rochester, NY ranked #1 hottest housing market