The housing market in Stanford, IL is strong and vibrant. The median value of a house in Stanford stands at $141,700, which is significantly lower than the US median house value of $338,100. In addition to this, the one-year appreciation rate for houses in Stanford is 14.21%, which is higher than the US average of 8.27%. This suggests that investing in the housing market in Stanford can potentially be more profitable than other areas around the United States. Investing in Stanford real estate appears to be a wise decision for those looking to get into the market or increase their existing investments.
The median home cost in Stanford is $141,700. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Stanford is up 16.3%.
Average Age of Homes
- The median age of Stanford real estate is 68 years old
The Rental Market in Stanford
- Renters make up 11.4% of the Stanford population
- 0.0% of houses and apartments in Stanford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.