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GIFFORD, IL 61847

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The GIFFORD, IL real estate market (61847) currently shows 2 active listings, with 1 pending sales. Homes are averaging 126 days on the market before going under contract.

Whether you are buying or selling in GIFFORD, 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: 1,194  ·  Density: 13.8/mi²  ·  Median household income: $80,521

Typical home value: $169,619  ·  Homeownership: 88.8%

Market Overview

Active Listings
2
Pending
1
50% pending ratio
Median Price
$161,000
Average Price
$161,000
Days on Market
126

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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 20.7 miles — 140 listings ($49,059,264 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61847Gifford, IL 618470.0 mi2$322,000$161,000$161,000
61866Rantoul, IL 618667.5 mi21$3,107,895$139,925$147,995
61871Royal, IL 618718.5 mi2$519,800$259,900$259,900
60960Rankin, IL 6096011.0 mi4$304,600$76,150$76,150
61865Potomac, IL 6186511.4 mi2$402,966$199,000$201,483
61873Saint Joseph, IL 6187311.9 mi9$2,707,128$288,725$300,792
60948Loda, IL 6094815.0 mi8$2,140,632$253,550$267,579
60933Elliott, IL 6093317.1 mi1$97,500$97,500$97,500
61858Oakwood, IL 6185818.2 mi5$812,250$162,450$162,450
60924Cissna Park, IL 6092418.4 mi6$1,166,700$190,950$194,450
61822Champaign, IL 6182219.4 mi75$36,627,675$464,125$488,369
60963Rossville, IL 6096319.6 mi4$617,668$134,450$154,417
61845Foosland, IL 6184520.7 mi1$232,450$232,450$232,450

Frequently Asked Questions

How many homes are for sale in GIFFORD, IL 61847?

As of March 2026, there are 2 active listings in GIFFORD, IL (zip code 61847).

What is the median home price in GIFFORD, IL 61847?

The median listing price in GIFFORD, IL 61847 is $161,000 as of March 2026.

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

Homes in GIFFORD, IL 61847 spend an average of 126 days on the market before going under contract.

Is it a seller's or buyer's market in GIFFORD, IL 61847?

Based on current inventory and days-on-market data as of March 2026, GIFFORD, IL 61847 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in GIFFORD, IL 61847 save an estimated $3,220 compared to a typical 5% commission on the median listing price of $161,000. 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.