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Cheap Homes in Grafton, IL 62037

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Grafton, IL Foreclosures

How much do homes sell for in Grafton, IL?
The average home price is currently $247,624.
What’s the average rental cost in Grafton, IL?
The average rental price in Grafton is $1,162.
What is the most expensive home in Grafton?
The most expensive home sold in Grafton had a price of $1,751,300.
What is currently the cheapest priced home in Grafton, IL?
The cheapest home for sale in Grafton is priced at $11,167.

Living in Grafton, IL

Grafton, IL is a beautiful small town nestled at the confluence of the Illinois and Mississippi Rivers. It boasts a friendly atmosphere perfect for families, with numerous outdoor activities such as boating and hiking nearby. The community features a blend of small businesses and convenient access to neighboring towns while offering a rich, scenic environment.

Current Market Conditions in Grafton, IL

The current real estate market in Grafton, IL is showing signs of steady growth, with an increase in demand for homes as people seek the tranquility and natural beauty this area provides. Properties are being snapped up more quickly than in previous years, and the community vibe continues to attract families and retirees alike.

Over the past month, home prices have seen a slight uptick, suggesting rising interest and encouraging new listings in this appealing rural market.

Home Value Estimator For Grafton, IL

There are currently 873 real estate properties in Grafton, IL, with a median automated valuation model (AVM) price of $239,661.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grafton, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Grafton, IL, is $247,624.00, with the most expensive house in Grafton, IL, topping out at $1,751,300.00 and the cheapest home in Grafton, IL, clocking in at $11,167.00. In other words, there’s something for every potential homebuyer or savvy investor in Grafton, IL!

Rent Prices In Grafton, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grafton, IL, is on a rollercoaster ride. The average rent price in Grafton, IL, is $1,162.00. Indeed, when looking to rent in Grafton, IL, you can expect to pay as little as $570.00 or as much as $1,930.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Grafton, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Grafton, IL 62037

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