Home Values

Ford County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Ford County is $59, which is lower than the Champaign-Urbana Metro average of $83. The median price of homes currently listed in Ford County is $79,900 while the median price of homes that sold is $87,285.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Ford County is 5.8%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Ford County homeowners underwater on their mortgage is 22.2%, which is higher than Champaign-Urbana Metro at 15.2%.

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Relative ZHVI
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Ford County Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $79,900 Median listing price
  • No recent data Median sale price
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Ford County Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 22.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Counties

Name Median ZHVI
Kendall County $189,200
Will County $176,500
Grundy County $166,800
Name Median ZHVI
Champaign County $129,300
Kankakee County $114,000
Newton County $93,900
Name Median ZHVI
Benton County $79,000
 
 

Listings & Sales

Data through Feb 28, 2015
  • $59 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 10.5% Listings with price cut
34.1%
Sold below listing
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Ford County Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,150 Ford County
    $1,078 Champaign-Urbana Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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