SIALIMStatistical Intelligence for America's Local Investment Markets

61847 — Gifford, IL Home Values

Typical home value $231,541 as of August 2026 · 12th of 32 in Champaign-Urbana, IL

Typical value — August 2026
$231,541
observed, not a forecast
Past 12 months
+9.8%
trailing year-over-year change
Past 5 years
+29.7%
August 2021 to August 2026
Rank in metro
12th
of 32 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 61847, August 2021 to August 2026. This page shows observed data only; no forecast.

How 61847 compares in the Champaign-Urbana, IL area

ZIP code 61847 (Gifford, IL) has a typical home value of $231,541 as of August 2026, ranking 12th of 32 ZIP codes tracked in the Champaign-Urbana, IL area, more expensive than about 66% of ZIP codes in the metro. Prices here have moved +9.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +29.7%, from $178,521 in August 2021 to $231,541 in August 2026.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Champaign-Urbana, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Champaign.

Population and demographics

ZIP code 61847 has a population of 1,160, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 93.1% White, 4.9% two or more races, 1% Black or African American, and 0.9% Hispanic or Latino.

Nearby public schools

SchoolAddressDistance
Gifford Grade School406 S Main St, Gifford, IL0.6 mi
Prairieview-Ogden Jr High Sch2499 County Road 2100 E, Thomasboro, IL5.3 mi
Pleasant Acres Elem School1625 Short St, Rantoul, IL6.1 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 61847?

$231,541 as of August 2026, the latest month Zillow has published observed data for.

Is 61847 an expensive ZIP code in the Champaign-Urbana, IL area?

61847 ranks 12th of 32 ZIP codes in the Champaign-Urbana, IL area by typical home value, more expensive than about 66% of ZIP codes in the metro.

How much have home values in 61847 changed over the past year?

+9.8% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 61847?

1,160, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 61847?

Gifford Grade School (0.6 mi), Prairieview-Ogden Jr High Sch (5.3 mi), Pleasant Acres Elem School (6.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 61847?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Champaign-Urbana, IL forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.