Ford County, IL Home Values & Market Trends
The median home price in Ford County, IL is $130,323.35. There were 255 home sales in Ford County, IL over the past 12 months. The median residential Ford County, IL home value for transactions over the previous year is $104,500. The number of current listings in Ford County, IL is 9, and the percentage of properties for sale is 9.00%. The county has 16 foreclosures, 4 bank owned properties, 0 headed for auction, and 9 properties for sale.
Ford County, IL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Paxton | $ 164,593 $ 87/sqft | Kempton | $ -- $ -- |
| Gibson City | $ 208,959 $ 117/sqft | Elliott | $ -- $ -- |
| Piper City | $ 41,175 $ 34/sqft | Sibley | $ -- $ -- |
| Melvin | $ -- $ -- | Roberts | $ -- $ -- |
| Cabery | $ -- $ -- |
Housing Market Summary for Ford County, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $115.5K | $123.1K | 6.62% |
| Median Sold Price | $105K | $123.1K | 17.28% |
| Homes For Sale | 4 | 6 | 50.00% |
| Homes Sold | 107 | 130 | 21.50% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ford County, IL
Browse Homes in Ford County, IL
Ford County, IL home values range from $16,020 to $796,945. Paxton is the priciest city with a median listing home price of $169,400, and Piper City is most affordable with average house prices of around $29,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.24% of all residential properties in Ford County, IL with Gibson City containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Ford County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $280,995 in Gibson City to the lowest home value of $80,988 in Paxton.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ford County, IL ranges from the highest value of $55,932 in Gibson City to the lowest value of $23,253 in Melvin. Bank owned homes and properties account for 0.08% of properties in Ford County, IL. There are 9 cities within Ford County, IL; Piper City containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Ford County, IL. Auction homes and other auction properties account for 0% of all properties in Ford County, IL. There are 9 cities within Ford County, IL; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Ford County, IL
Guide for Ford County, IL
This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.
In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.