Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$157,181+3.3% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$34,074About 0.5× the local median income ($69,761): affordable for a typical household
Days on market58 daysAbout the same pace as a year ago
Next 12 months+4.2%Zillow expects prices to rise strongly
The typical home in Ford County, IL is worth $157,181, up 3.3% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $154,306, so the area is 1.9% overvalued. It is a balanced market, leaning toward buyers: homes take about 58 days to sell, listings are up 8% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 4.2% over the next year. A household needs about $34,074 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $69,761. In the latest IRS figures, 26 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$157,181
Change in 1 year
+3.3%
Overvalued %
+1.9%
Show 7 more
Fair home value
$154,306
Change in 5 years
+27.2%
Zillow forecast, next 12 months
+4.2%
Home value to income
2.3×
Monthly mortgage payment (20% down)
$852
Income needed to afford it
$34,074
Property tax rate
2.12%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$930
Market activity
Listings vs a year ago
+8.3%
Days on market
58
Listings with a price cut
24.4%
Show 3 more
Homes for sale
39
Pending sales per 100 listings
33
Asking price per sq ft
$133
People and jobs
Median household income
$69,761
Population change (1 year)
−0.8%
Unemployment rate
5.5%
Show 4 more
Population
13,216
Income adjusted for cost of living
$75,255
Net moves in (IRS)
+26
Cost of living (US = 100)
92.7
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
26.2
Flood risk score
35.6
Show 3 more
Wildfire risk score
1.8
Walkability (1 to 20)
6.6
Road, rail and air noise
52 dB
Questions people ask
Is Ford County, IL overvalued?
Home prices in Ford County, IL are slightly above what local incomes have historically supported: fair value is about $154,306, so the area is 1.9% overvalued.
Is Ford County, IL a buyer's or seller's market?
Ford County, IL is a balanced market, leaning toward buyers: homes take about 58 days to sell, listings are up 8% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Ford County, IL?
Home values in Ford County, IL are up 3.3% over the last year. Zillow's forecast for the next 12 months is +4.2%.
How much do you need to earn to buy a home in Ford County, IL?
A household needs about $34,074 a year to afford the typical home in Ford County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $69,761.