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Featured local agent — Ford Heights, IL
Sarah Mitchell
Compass Real Estate · Ford Heights, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ford Heights, IL Housing Market
The typical home in Ford Heights, IL is worth $104,724, rose 9.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $44,000 (through May 2026). With 5.0 months of supply and homes going under contract in about 337 days, Ford Heights is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $104,724 home is about $559/mo in principal and interest.
Key numbers for Ford Heights, IL
Typical home value
$104,724
+9.8% in 12 months
Zillow, August 2026
Median sale price
$44,000
Last published period
Redfin, through May 2026
Days on market
337
Slow-moving
Redfin, through May 2026
Active listings
5
5.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$34,323
Home costs 3.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
80.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Ford Heights a buyer's or seller's market?
Ford Heights, IL is a buyer's market, based on 5.0 months of supply and homes selling in about 337 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Ford Heights housing market data show?
Every row below is Redfin's final published month for Ford Heights, IL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $44,000 |
| Median price per sq ft | $47/sq ft |
| Median days on market | 337 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 80.0% |
| Homes sold (that month) | 1 |
| Listings with a price cut | 60.0% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Ford Heights is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Ford Heights is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Ford Heights home prices moved?
Across the 26 months we hold for Ford Heights, IL, the median sale price rose 8.1%, from $40,700 in August 2021 to $44,000. The live Zillow value series has rose 9.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 60.0% of Ford Heights listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.0 months while the sale-to-list ratio slips below its current 80.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Ford Heights?
Priced off the typical home value of $104,724 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $20,945 | $83,779 | $559/mo |
| 5% | $5,236 | $99,488 | $664/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $559, that implies roughly $23,960 a year before you add taxes and insurance. The median household in Ford Heights earns $34,323, about $10,363 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Ford Heights in the next 12 months?
Tell us your timeline. We send the Ford Heights market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Ford Heights?
Zillow does not publish a rent index (ZORI) for Ford Heights, IL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Ford Heights?
Active listings in Ford Heights, IL went from 6 in October 2024 to 5 in May 2026, a -16.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| November 2024 | 6 | 2 |
| December 2024 | 4 | 1 |
| January 2025 | 6 | 4 |
| February 2025 | 5 | 1 |
| March 2025 | 6 | 1 |
| June 2025 | 6 | not published |
| July 2025 | 5 | not published |
| August 2025 | 3 | not published |
| November 2025 | 5 | 2 |
| December 2025 | 6 | 2 |
| March 2026 | 6 | 1 |
| May 2026 | 5 | not published |
Redfin, through May 2026
How does Ford Heights compare to Illinois and the U.S.?
Ford Heights homes sell for $44,000 — 87% below the Illinois median of $337,900. Against the national median of $410,700, Ford Heights runs 89% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Ford Heights, IL | $44,000 | not published | 337 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Ford Heights
What buyers should watch
- Months of supply, currently 5.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 60.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $105 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $104,724 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Ford Heights listing goes under contract in 337 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 80.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved +9.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Ford Heights varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Ford Heights
There are currently 5 homes listed for sale in Ford Heights, Illinois.
Active listings
5
Homes on market
Avg. days on market
337
Days until sale
How much do homes cost in Ford Heights by property type?
How the Ford Heights, IL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $44,000 | $47/sq ft | 1 | 337 days |
Who lives in Ford Heights?
American Community Survey estimates for Ford Heights. U.S. Census ACS, 2023
Population
1,587
Households
613
Median income
$34,323/yr
Median age
41.9 years
Owner-occupied
43.9%
Median home value
$48,000
Median gross rent
$924/mo
Mean commute
28.1 min
43.9% of occupied homes in Ford Heights are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $48,000 against Zillow's $104,724 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Ford Heights?
2 schools tracked · 427 students
The largest public schools serving Ford Heights, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Medgar Evers Primary Acadmc Cntr
Grades PK-4 · 288 students
Cottage Grove Upper Grade Center
Grades 5-8 · 139 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ford Heights, IL?
Ordered by distance from Ford Heights, not by size. Compare Ford Heights side by side with any of them.
Ford Heights housing market FAQ
Is Ford Heights a buyer's or seller's market?
Ford Heights, IL is currently a buyer's market. That read comes from 5.0 months of supply, homes going under contract in about 337 days, and sellers getting 80.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Ford Heights?
The typical home in Ford Heights, IL is worth $104,724 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $44,000, about $47 per square foot.
Is Ford Heights cheaper than the rest of Illinois?
Ford Heights's median sale price of $44,000 is 87% lower than the Illinois statewide median of $337,900, and 89% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Ford Heights?
Homes in Ford Heights, IL spent a median of 337 days on market before going under contract, versus 43 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Ford Heights?
At the current 30-year fixed rate of 7.03%, 20% down on a $104,724 home is about $559 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $23,960 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $34,323.
Are home prices rising in Ford Heights?
The typical home value in Ford Heights, IL rose 9.8% over the last 12 months, from $95,364 to $104,724 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Ford Heights?
Ford Heights ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Ford Heights?
That depends on your timeline, not on a headline. What the data says today: Ford Heights, IL is a buyer's market with 5.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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