Stanford, IL Foreclosures
How much do homes sell for in Stanford, IL?
The average home price is currently $225,928.
In Stanford, IL, how many homes are available?
There are currently 229 active home listings available in Stanford.
What’s the average rental cost in Stanford, IL?
The average rental price in Stanford is $1,481.
What is the most expensive home in Stanford?
The most expensive home sold in Stanford had a price of $1,680,511.
What is currently the cheapest priced home in Stanford, IL?
The cheapest home for sale in Stanford is priced at $12,448.
Living in Stanford, IL
Stanford, IL, is a cozy small town known for its friendly community and peaceful environment. With a strong sense of neighborliness, it provides an ideal setting for families and retirees alike. Enjoy the tranquility of rural living with access to nearby parks and amenities, making it a great place to call home.
Current Market Conditions in Stanford, IL
The real estate market in Stanford, IL, is currently stable with a steady demand for homes. Buyers are showing interest in single-family homes, particularly those with large yards, reflecting the ongoing preference for space in residential properties. Although inventory levels are moderate, new listings are appearing regularly, indicating a balanced market.
Recent trends have shown a gradual increase in home prices over the past year, making it a good time for homeowners to consider selling. The town's appeal as a quiet location near larger cities continues to support home value appreciation.
Home Value Estimator For Stanford, IL
There are currently 437 real estate properties
in Stanford, IL,
with a median automated valuation model (AVM) price
of $159,196.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Stanford, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Stanford, IL,
is $225,928.00, with the most expensive house
in Stanford, IL, topping out
at $1,680,511.00 and the cheapest home
in Stanford, IL,
clocking in at $12,448.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Stanford, IL!
Rent Prices
In Stanford, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Stanford, IL, is on
a rollercoaster ride. The
average rent price in Stanford, IL,
is $1,481.00. Indeed, when looking to rent in
Stanford, IL, you can expect to pay as little
as $800.00 or as much
as $2,440.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in Stanford, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
