Ford County, IL Home Values & Market Trends

The median home price in Ford County, IL is $133,319.42. There were 249 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 $105,000. The number of current listings in Ford County, IL is 4, and the percentage of properties for sale is 4.00%. The county has 17 foreclosures, 3 bank owned properties, 1 headed for auction, and 4 properties for sale.

Ford County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Paxton

$ 156,282

$ 82/sqft

Gibson City

$ --

$ --

Melvin

$ --

$ --

Sibley

$ --

$ --

Cabery

$ --

$ --

Roberts

$ --

$ --

Kempton

$ --

$ --

Piper City

$ --

$ --

Elliott

$ --

$ --

Housing Market Summary for Ford County, IL

Mar 2023February 2024Change
Median Listing Price$76,000$128.5K69.03%
Median Sold Price$109.5K$128.5K17.31%
Homes For Sale64-33.33%
Homes Sold11913513.45%
Price
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Homes For Sale
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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%.

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Browse Homes in Ford County, IL

Ford County, IL home values range from $16,590 to $887,427. Paxton is the priciest city with a median listing home price of $159,900, and Paxton is most affordable with average house prices of around $159,900.

Foreclosure
There are 9 cities within Ford County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $285,509 in Melvin to the lowest value of $22,888 in Melvin. Foreclosure homes account for 0.00% of properties in Ford County, IL with Gibson City containing 6 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.26% of all residential properties in Ford County, IL with Paxton containing 6 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 $171,403 in Gibson City to the lowest home value of $62,775 in Paxton.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Ford County, IL ranges from the highest value of $53,613 in Gibson City to the lowest value of $22,888 in Melvin. Bank owned homes and properties account for 0.06% of properties in Ford County, IL. There are 9 cities within Ford County, IL; Piper City containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Piper City has 1 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 0.02% 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 $29,900 in Piper City to the lowest value of $29,900 in Piper City.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in Ford County, IL with Paxton containing 4 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Ford County, IL; homes for sale in those cities, have a range of median values from $246,500 in Paxton to the lowest value of $85,727 in Paxton.
    Sold Homes
    The median value for recently sold homes ranges from $156,310 in Cabery to the lowest price of $27,979 in Cabery. There are 9 cities within Ford County, IL. Paxton has 51 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.95% of properties in Ford County, IL.

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      Guide for Ford County, IL

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      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Recently Listed Homes Ford County, IL

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