Belvidere, Illinois.
Typical home $262,225 (+6.5% in a year). Rockford, IL metro.
to buy the typical home at today's mortgage rate — +$794 (+136%) since Jan 2020.
- 1 year
- Up $16,015 +7%
- $246,210$262,225 since Sep 2025
- 5 years
- Up $77,069 +42%
- $185,156$262,225 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Belvidere$1,376
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Belvidere, IL rose 6.5% over the past year — faster than the nation's +1.2%.
Living in Belvidere, Boone County, Illinois
Belvidere is a city of 25,339 people in Boone County. Half its households earn more than $64,528 a year and half less, against $84,571 across Boone County; 15% of its people live below the poverty line. 71% of its homes are lived in by their owners and 29% are rented. Unemployment in Belvidere was 4.3% in August 2026, and Boone County had 1.9% fewer jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Belvidere is a small city in Boone County, Illinois, where most homes are lived in by their owners. Incomes here run well below the county's, and a good share of residents live below the poverty line. Fewer adults hold a four-year degree than across much of the country, and residents are a little older than the typical American.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, and in shops, with professional and business services also employing many. Belvidere CUSD, Walmart and CCA Midwest are among the largest workplaces in town. Unemployment is lower than it was a year ago, though Boone County has fewer jobs than it did the year before, and the typical commute is a fairly short drive.
Things to do. Beaver Creek runs in or beside town, and Rock Cut State Park, a protected area, is a short drive away. Anderson Japanese Gardens, a botanical garden, is also a short drive off. Winters are cold and snowy, with January the coldest month, and summers turn warm by July.
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- 9,589households
- 13%of adults have a degree
- 15%below the poverty line
- 24 mintypical commute
- 8%work from home
What residents work in
Employed residents by industry, from the Census survey. Boone County had 11,310 jobs in 2025, 1.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 29° and lows near 14°; warmest in July, with highs near 84° and lows near 64°. About 37 inches of snow and 37 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Rockford Greater Rockford Airport weather station, 12 miles away (NOAA).
Largest workplaces in Belvidere
- Belvidere CUSD 100School district868FTE
- WalmartWarehouse clubs and supercenters350
- CCA MidwestPrefabricated wood frame component installation349
- R&D ThielBuildings, prefabricated, wood, manufacturing238
- DFA ICE Cream - BelvidereIce cream frozen dessert manufacturing205
- First Student183
- Freudenberg Filtration Technologies - Best Air (Belvidere)Furnace filters manufacturing155
- Northwoods SymphonySkilled nursing facilities98
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 22 workplaces with 20 or more staff, 2,376 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningRelatively high
- Cold wavesRelatively high
- TornadoesRelatively high
- Strong windRelatively high
- Inland floodingRelatively high
- Hailrelatively high in parts of BelvidereRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Belvidere’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Boone County and the Rockford, IL metro.
Belvidere home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Belvidere$262,225
- Illinois$295,943
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Belvidere listings, and the typical home goes pending in 8 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Belvidere23.74%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Belvidere8
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Belvidere63
New listings per month
Sellers arriving at the market.
- Belvidere28
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Belvidere$257,817
- United States$371,553
Zip codes with a Belvidere address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Belvidere — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.