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GIFFORD, IL 61847

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 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.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 126 days on market compared to 99 days last year.

The median listing price has fallen 26.5% year-over-year, from $219,000 to $161,000.

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
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$161,000
⇩ 26.5% vs $219,000 last year
Average Price
$161,000
⇩ 26.5% vs $219,000 last year
Days on Market
126
⇧ 27.3% vs 99 days last year

Price Per Square Foot

Median $/sqft
$91
⇩ 31.6% vs $133/sqft last year
Median Home Size
1,762 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 126 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $161,000 (-26.5% YoY)
  • Average: $161,000 (-26.5% 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 19.6 miles — 119 listings ($41,529,760 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61847Gifford, IL 618470.0 mi1$173,400$173,400$173,400
60949Ludlow, IL 609496.6 mi1$76,500$76,500$76,500
61812Armstrong, IL 618127.6 mi2$339,000$169,500$169,500
61878Thomasboro, IL 618788.6 mi4$612,720$147,000$153,180
60957Paxton, IL 6095711.0 mi16$2,746,624$149,900$171,664
61859Ogden, IL 6185911.5 mi3$988,500$329,500$329,500
61844Fithian, IL 6184413.9 mi2$609,800$304,900$304,900
60948Loda, IL 6094815.0 mi7$1,797,299$249,900$256,757
60933Elliott, IL 6093317.1 mi1$97,500$97,500$97,500
61858Oakwood, IL 6185818.2 mi5$733,665$151,250$146,733
60924Cissna Park, IL 6092418.4 mi5$1,151,900$250,000$230,380
61822Champaign, IL 6182219.4 mi69$31,709,502$410,000$459,558
60963Rossville, IL 6096319.6 mi3$493,350$164,450$164,450

Frequently Asked Questions

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

As of February 2026, there are 2 active listings in GIFFORD, IL (zip code 61847), compared to 1 the prior year.

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

The median listing price in GIFFORD, IL 61847 is $161,000 as of February 2026, a 26.5% decrease from $219,000 the prior year.

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, compared to 99 days the prior year.

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

Based on current inventory and days-on-market data as of February 2026, GIFFORD, IL 61847 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 126 days on market compared to 99 days last year.

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.