Market Overview
Home Prices in Glasford, IL
The median home value in Glasford, IL is $214,686 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.8% compared to a year ago and up 8.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Glasford are priced48% below average. Glasford is part of the Peoria, IL metro area.
Over the past five years, Glasford home values have risen by approximately48.6%, reflecting strong long-term appreciation in this market.
Price History
Glasford Home Price Trend
City Comparison
Glasford vs. National Median
At $214,686, homes in Glasford cost 48% below the national median of $410,000. This makes Glasford a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Glasford?
20% Down Payment
$42,937
on $214,686
Monthly P&I
$1,120/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,422/mo
incl. taxes & insurance
Income Needed
$56,880
gross annual (30% rule)
10% Down Option
$21,469
+ PMI applies
Loan Amount (20% dn)
$171,749
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 Glasford, IL?
The median home value in Glasford is $214,686 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.8% year-over-year.
How much have home prices changed in Glasford?
Over the past year, home values in Glasford have increased by 13.8%. Over five years, prices have risen approximately 48.6%.
How much do I need to earn to buy a home in Glasford?
To comfortably afford the median home price of $214,686 with a 20% down payment ($42,937) at today's rates (6.8%), you'd need a gross annual income of approximately $56,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Glasford compare to the national average home price?
The national median home value is approximately $410,000. At $214,686, homes in Glasford are 48% below the national average.
What metro area is Glasford part of?
Glasford is part of the Peoria, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.