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Featured local agent — Stanford, IL
Sarah Mitchell
Compass Real Estate · Stanford, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Stanford, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$192,250median sale price
How is the Stanford, IL housing market right now?
The median home sale price in Stanford, IL is $192,250, up 2.3% year-over-year. Homes sell in an average of 197 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Stanford a buyer's or seller's market?
Stanford, IL is currently a balanced market and homes selling in about 197 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
197
Average pace
Active listings
—
Sale-to-list
100.2%
Above asking
What does the Stanford housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $192,250 |
| Median list price | $155,000 |
| Year-over-year price change | +2.3% |
| Average days on market | 197 days |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $69/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Stanford by property type?
How the Stanford, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $192,250 | $69/sq ft | 2 | 197 days |
Source: Redfin · Updated monthly
The Stanford housing market is currently classified as a balanced market with a median sale price of $192,250. Prices have risen 2.3% compared to last year, with homes spending an average of 197 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Stanford
Explore homes currently listed for sale in Stanford, Illinois across major real estate platforms.
Who lives in Stanford?
Population
469
Median income
$83,173/yr
Median age
32.3 years
Owner-occupied
90.6%
College grads
11.0%
Avg commute
20.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Stanford?
Zillow home value
$188,491
Price-to-income
2.3x
Source: Zillow Research
What is it like to live in Stanford?
Stanford is a community of approximately 0K residents with a median age of 32.3 years.The median household income is $83,173, which reflects a relatively affluent area with strong earning potential. 11.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 90.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Stanford offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Stanford?
2 schools tracked · 860 students
The largest public schools serving Stanford, 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.
Olympia High School
Grades 9-12 · 493 students
Olympia Middle School
Grades 6-8 · 367 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 Stanford, IL?
Want a head-to-head view? Compare Stanford side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Stanford?
The median home sale price in Stanford is $192,250, up 2.3% from last year.
How long do homes stay on market in Stanford?
Homes typically spend 197 days on market before going under contract.
What is the median income in Stanford?
The median household income is $83,173 per year.
What is the Zillow home value estimate for Stanford?
The Zillow Home Value Index (ZHVI) for Stanford is $188,491, representing the typical home value in the area.
How much does a single-family home cost in Stanford?
The median single-family home price in Stanford, IL is $192,250 (about $69 per square foot).
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