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STANFORD, IL 61774

Real Estate Market Report  ·  McLean County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The STANFORD, IL real estate market (61774) currently shows 4 active listings, with 3 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 50 days last year.

The median listing price has risen 12.9% year-over-year, from $165,000 to $186,225.

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
4
⇧ 300% vs 1 last year
Pending
3
75% pending ratio
Median Price
$186,225
⇧ 12.9% vs $165,000 last year
Average Price
$186,225
⇧ 12.9% vs $165,000 last year
Days on Market
55
⇧ 10% vs 50 days last year

Price Per Square Foot

Median $/sqft
$136
⇩ 8.7% vs $149/sqft last year
Median Home Size
1,451 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 1 last year
  • Days on market: 55 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $186,225 (+12.9% YoY)
  • Average: $186,225 (+12.9% 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 March 2026, there are 4 active listings in STANFORD, IL (zip code 61774), compared to 1 the prior year.

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

The median listing price in STANFORD, IL 61774 is $186,225 as of March 2026, a 12.9% increase from $165,000 the prior year.

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

Homes in STANFORD, IL 61774 spend an average of 55 days on the market before going under contract, compared to 50 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 March 2026, STANFORD, IL 61774 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 50 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 $3,725 compared to a typical 5% commission on the median listing price of $186,225. 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.