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Is Stanford, IL 61774 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Stanford is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$114▲ +0.1% vs. last year

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Prefilled for 61774Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61774Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Anchor 61720 $124 /sq ftArrowsmith 61722Seller’s market $114 /sq ftBellflower 61724Seller’s market $182 /sq ftBloomington 61701Seller’s market $114 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology