Market Overview
Home Prices in Bradford, IL
The median home value in Bradford, IL is $117,762 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.1% compared to a year ago and up 11.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bradford are priced71% below average. Bradford is part of the Peoria, IL metro area.
Over the past five years, Bradford home values have risen by approximately9.0%, reflecting steady appreciation in this market.
Price History
Bradford Home Price Trend
City Comparison
Bradford vs. National Median
At $117,762, homes in Bradford cost 71% below the national median of $410,000. This makes Bradford a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bradford?
20% Down Payment
$23,552
on $117,762
Monthly P&I
$614/mo
30-yr @ 6.8%
Total Monthly Est.
~$780/mo
incl. taxes & insurance
Income Needed
$31,200
gross annual (30% rule)
10% Down Option
$11,776
+ PMI applies
Loan Amount (20% dn)
$94,210
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bradford, IL?
The median home value in Bradford is $117,762 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.1% year-over-year.
How much have home prices changed in Bradford?
Over the past year, home values in Bradford have decreased by 3.1%. Over five years, prices have risen approximately 9.0%.
How much do I need to earn to buy a home in Bradford?
To comfortably afford the median home price of $117,762 with a 20% down payment ($23,552) at today's rates (6.8%), you'd need a gross annual income of approximately $31,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Bradford compare to the national average home price?
The national median home value is approximately $410,000. At $117,762, homes in Bradford are 71% below the national average.
What metro area is Bradford part of?
Bradford is part of the Peoria, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.