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Penfield Homes for Sale

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  • /21

    $115,000

    • 2 Beds
    • 2 Baths
    • 1,248 Sq Ft

    304 E South St, Penfield, IL 61862

    This 2 bedroom, 2 bath home sits on an oversized lot, shaded by mature trees and offering the kind of outdoor space that's hard to find in town. A newer metal roof provides peace of mind, and the large second bathroom offers space to unwind. The home has a comfortable layout with plenty of room to make it your own, while the spacious yard gives you room to garden, entertain, or enjoy a quiet

    Agent Photo

    Cassandra Pettigrew

    Classic Homes Realty

    304 E South St, Penfield, IL 61862
  • /37

    $69,900

    Pending
    • 3 Beds
    • 2 Baths

    108 Franklin St, Penfield, IL 61862

    Enjoy the charm of rural living at 108 Franklin in Penfield, situated on a spacious corner lot with plenty of room to enjoy inside and out. This home offers 2 bedrooms, 2 full baths, plus a flexible additional room that could easily serve as a 3rd bedroom, home office, or second living space. Outside, you'll love the fenced-in yard, two-car detached garage, and additional storage shed. Major

    Nate Evans Nate Evans Group

    108 Franklin St, Penfield, IL 61862

Penfield, Gifford, IL Home Prices vs. Nearby Neighborhoods

Penfield Paxton Historic East Urbana Hoopeston
Median Home Price
$132,450
$149,945
$159,900
$98,950
Median Sale Price
$142,500
+90% YoY
$149,900
+10% YoY
$142,000
-13% YoY
$80,000
-11% YoY
Avg. Price per Square Foot
$83
$113
$142
$67
Median Single Family Price
$128,750
$149,950
$150,000
$94,000
Total Active Listings
2 listings
9 listings
7 listings
34 listings
Market Conditions
4 Months of Supply
Balanced Market
2 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market

Frequently Asked Questions

Is Penfield a good place to live?
Penfield is a good place to live. Penfield is considered very car-dependent and somewhat bikeable. It has a median age of 47. The average household income is $108,865 which is above the national average. College graduates make up 20% of residents. A majority of residents in Penfield are home owners, with 19% of residents renting and 81% of residents owning their home. A local real estate agent serving Penfield can help you decide if this neighborhood is the right one for you. Learn more on our Penfield neighborhood guide.
How much do you need to make to afford a house in Penfield?
The median home price in Penfield is $132,450. If you put a 20% down payment of $26,500 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $700 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $30K a year to afford the median home price in Penfield. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Penfield is $109K.
What are the best public schools in Penfield?
The best public schools that serve Penfield are:
What are the most popular zip codes in Penfield, Gifford, IL?
The most popular zip codes in Penfield, Gifford, IL include 61862, 61847, 61866, 61844 and 61859.
What are the most popular neighborhoods near Penfield, Gifford, IL?
The most popular neighborhoods near Penfield, Gifford, IL are East Urbana, Crystal Lake, Historic East Urbana, King Park and Stone Creek.
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