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STANFORD, IL 61774

Real Estate Market Report  ·  McLean County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The STANFORD, IL real estate market (61774) currently shows 2 active listings, with 1 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 61 days on market compared to 15 days last year.

The median listing price has risen 9.8% year-over-year, from $179,950 to $197,500.

Whether you are buying or selling in STANFORD, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 836  ·  Density: 7.5/mi²  ·  Median household income: $76,250

Typical home value: $134,941  ·  Homeownership: 83.3%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$197,500
⇧ 9.8% vs $179,950 last year
Average Price
$197,500
⇧ 9.8% vs $179,950 last year
Days on Market
61
⇧ 306.7% vs 15 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 61 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $197,500 (+9.8% YoY)
  • Average: $197,500 (+9.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.8 miles — 214 listings ($83,968,471 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61774Stanford, IL 617740.0 mi2$395,000$197,500$197,500
61732Danvers, IL 617327.0 mi4$751,252$186,875$187,813
61772Shirley, IL 617727.9 mi1$187,900$187,900$187,900
61705Bloomington, IL 6170510.8 mi44$22,886,116$439,675$520,139
61723Atlanta, IL 6172312.1 mi4$944,700$236,175$236,175
61725Carlock, IL 6172513.4 mi5$1,917,500$383,500$383,500
61704Bloomington, IL 6170413.9 mi65$27,570,985$377,400$424,169
61761Normal, IL 6176114.7 mi73$25,222,741$358,725$345,517
61778Waynesville, IL 6177815.2 mi1$99,000$99,000$99,000
62635Emden, IL 6263516.7 mi1$200,000$200,000$200,000
61734Delavan, IL 6173417.5 mi6$1,430,880$257,500$238,480
61777Wapella, IL 6177718.9 mi1$159,000$159,000$159,000
61530Eureka, IL 6153019.8 mi7$2,203,397$281,000$314,771

Frequently Asked Questions

How many homes are for sale in STANFORD, IL 61774?

As of April 2026, there are 2 active listings in STANFORD, IL (zip code 61774), compared to 3 the prior year.

What is the median home price in STANFORD, IL 61774?

The median listing price in STANFORD, IL 61774 is $197,500 as of April 2026, a 9.8% increase from $179,950 the prior year.

How long do homes stay on the market in STANFORD, IL?

Homes in STANFORD, IL 61774 spend an average of 61 days on the market before going under contract, compared to 15 days the prior year.

Is it a seller's or buyer's market in STANFORD, IL 61774?

Based on current inventory and days-on-market data as of April 2026, STANFORD, IL 61774 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 61 days on market compared to 15 days last year.

How much can I save on real estate commission in STANFORD, IL?

With SELL123.com's maximum 3% commission, sellers in STANFORD, IL 61774 save an estimated $3,950 compared to a typical 5% commission on the median listing price of $197,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.