Why Live in South Beloit
South Beloit, located on the Illinois side of the Illinois-Wisconsin border, is a primarily residential area with a population of around 8,000. The neighborhood features a mix of bungalows and New Traditional homes, often situated on quarter to half-acre lots, providing residents with ample space. The median housing price is approximately $220,000, which is lower than the national median but higher than neighboring Beloit. South Beloit is known for its recreational attractions, including the Rock River, where residents can kayak along the Rock River Trail, and South Beloit Municipal Park, which surrounds Lake Victoria. The park offers non-motorized watercraft launches, disc golf, and playgrounds. Although swimming is not allowed at Lake Victoria, nearby Pearl Lake is popular for scuba diving. The area is served by three public school districts, with Prairie Hill School District 133 and Hononegah Community High School District 207 receiving high ratings. South Beloit has lower violent crime rates compared to the national average, although property crime rates have fluctuated. Local dining options are concentrated along Blackhawk Boulevard and Gardner Street, with favorites like Neli’s Restaurant offering classic American fare. For groceries, residents typically shop at nearby stores in Rockton and Beloit. Major employers are located across the border in Beloit, and the upcoming Beloit Casino is expected to boost local development. Interstate 90 provides connectivity to Chicago Rockford International Airport, about 28 miles away. While South Beloit itself hosts few annual events, nearby cities like Beloit and Rockton offer farmers' markets and festivals, enhancing the community experience.
Home Trends in South Beloit, IL
On average, homes in South Beloit, IL sell after 19 days on the market compared to the national average of 50 days. The median sale price for homes in South Beloit, IL over the last 12 months is $220,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$220,000
Median Single Family Sale Price
$224,000
Median Townhouse Sale Price
$163,600
Median 2 Bedroom Sale Price
$175,500
Average Price Per Sq Ft
$134
Number of Homes for Sale
8
Last 12 months Home Sales
178
Median List Price
$230,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%