Zip 61774 (Stanford, IL) Housing

The housing market in Stanford, IL (zip code 61774) is very strong. The median house value in the area is $127,700, significantly lower than the national median of $338,100. In the past year, house values in Stanford appreciated by an impressive 14.21%, much higher than the US average of 8.27%. This appreciation rate indicates that this area's housing market is growing faster than most areas across the country and is a great investment opportunity for prospective buyers.

The median home cost in Stanford (zip 61774) is $127,700. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Stanford (zip 61774) is up 16.3%.

Average Age of Homes

- The median age of Stanford (zip 61774) real estate is 66 years old

The Rental Market in Stanford (zip 61774)

- Renters make up 7.5% of the Stanford (zip 61774) population
- 6.3% of houses and apartments in Stanford (zip 61774), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Stanford, Illinois	United States
	495.0	139,647,020.0
	74	42
	$127,700	$338,100
	16.3%	16.6%
	36.2%	57.0%
	40.7%	101.1%
	$23.94	$10.98
	$2,811	$2,690
	60.2%	57.4%
	25.7%	11.2%
	14.1%	31.4%
Vacant Housing
	6.3%	1.9%
	1.4%	0.4%
	1.8%	0.7%
	1.6%	0.4%
	2.8%	3.6%
	11.7%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	4.7%	2.4%
	8.4%	2.8%
	12.4%	3.9%
	17.5%	4.5%
	20.5%	11.3%
	21.1%	13.0%
	8.4%	20.1%
	0.0%	13.6%
	3.4%	8.3%
	3.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.0%	13.6%
	4.0%	13.6%
	2.6%	13.6%
	10.1%	13.2%
	15.6%	14.8%
	2.6%	13.6%
	11.9%	10.0%
	6.9%	4.7%
	45.1%	12.2%

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