Gifford, IL—61847
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gifford, IL
As of Oct '25, the median home price in Gifford, IL is $211,000, with a year-over-year change of 1.9%. This indicates that home prices in Gifford, IL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $211,000 | 2.0% |
| Single Family | $212,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gifford, IL
Gifford, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gifford, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Gifford, IL is 10. This is a decrease of -75.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $176,000 | 3.0% |
Listing Count | 1 | -44.0% |
| Listings as % of Homes | 0.8% | -44.0% |
Days on Market | 10 | -75.0% |
Demographics — Gifford, IL
As of the latest ACS Survey released in 2023, Gifford, IL has a population of 1,160, which has decreased by -6.4% over the past 5 years. Gifford, IL is a moderately popular place for families, as children make up 19.0% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,160 | -6.4% |
% Under 18 | 19.0% | -23.4% |
% Seniors | 30.0% | 36.4% |
% WFH | 10.7% | 386.4% |
% w/ College Degree | 22.4% | 19.8% |
As of the latest ACS Survey released in 2023, Gifford, IL is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Gifford, IL is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.3% of the population in Gifford, IL, and this percentage has decreased by 25.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.0% | -2.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.9% | -55.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | -25.0% |
Mortgage and Risk — Gifford, IL
Gifford, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Gifford, IL
Gifford, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Gifford, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $211,000 |
| Median Household Income | $85,700 |