Stanford, IL Home Values & Market Trends

Real estate market trends reflect that there have been 13 transactions over the past year in Stanford. The median value for residential home transactions that occurred over the previous year is $121,770. The number of current listings in Stanford is 1, and the percentage of properties for sale in the city is 1.00%. Stanford, IL currently has 2 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Stanford, IL Real Estate Market Overview

ZipMedian Est. Value
61774

$ 112,097

$ 92/sqft

Housing Market Summary for Stanford, IL

Apr 2023March 2024Change
Median Listing Price$75,000$104K38.63%
Median Sold Price$124K$104K-16.15%
Homes For Sale11-
Homes Sold71042.86%
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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 Stanford, IL

Stanford home values range from $26,410 to $503,541. The median estimated value of a home in Stanford is $121,770. The median list price of a home is 75,000, and the total count of properties in the city is 366.

Foreclosure
There is 1 zips within Stanford, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $186,302 in 61774 to the lowest value of $104,462 in 61774. Foreclosure homes account for 0.00% of properties in Stanford, IL with 61774 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.55% of all residential properties in Stanford, IL with 61774 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Stanford, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $186,302 in 61774 to the lowest home value of $104,462 in 61774.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Stanford, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Stanford, IL. There is 1 zips within Stanford, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Stanford, IL. Auction homes and other auction properties account for 0% of all properties in Stanford, IL. There is 1 zips within Stanford, IL; of that zips, 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in Stanford, IL with 61774 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Stanford, IL; homes for sale in that zips, have a range of median values from $112,097 in 61774 to the lowest value of $112,097 in 61774.
    Sold Homes
    The median value for recently sold homes ranges from $178,117 in 61774 to the lowest price of $50,135 in 61774. There is 1 zips within Stanford, IL. 61774 has 6 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.64% of properties in Stanford, IL.

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      Guide for Stanford, IL

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      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
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      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Stanford, IL

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