Grand Ridge, IL Foreclosures
How much do homes sell for in Grand Ridge, IL?
The average home price is currently $215,519.
In Grand Ridge, IL, how many homes are available?
There are currently 5 active home listings available in Grand Ridge.
What’s the average rental cost in Grand Ridge, IL?
The average rental price in Grand Ridge is $1,170.
What is the most expensive home in Grand Ridge?
The most expensive home sold in Grand Ridge had a price of $2,345,072.
What is currently the cheapest priced home in Grand Ridge, IL?
The cheapest home for sale in Grand Ridge is priced at $10,522.
Living in Grand Ridge, IL
Grand Ridge is a quaint village located in LaSalle County, Illinois, known for its close-knit community, beautiful natural scenery, and peaceful living. With a population of just over 600 residents, it offers a welcoming small-town atmosphere with convenient access to larger urban areas. The village features a mix of local amenities and recreational activities, making it a great place to live for families and individuals looking for a quieter lifestyle.
Current Market Conditions in Grand Ridge, IL
The current real estate market in Grand Ridge, IL shows a steady demand for housing, with home prices stabilizing over the last year. The village's small-town charm continues to attract new buyers, particularly those looking for a peaceful lifestyle away from the hustle and bustle of the city. Although the homes in this area tend to be on the more affordable side compared to larger urban centers, they offer great value given the quality of life and community resources available to residents.
In recent months, Grand Ridge has seen a slight increase in new listings, suggesting that homeowners are looking to capitalize on the demand in the area. As more people are interested in moving to rural communities, the potential for growth in property values is undeniable, providing opportunities both for first-time buyers and seasoned investors.
Home Value Estimator For Grand Ridge, IL
There are currently 315 real estate properties
in Grand Ridge, IL,
with a median automated valuation model (AVM) price
of $176,576.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grand Ridge, 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 Grand Ridge, IL,
is $215,519.00, with the most expensive house
in Grand Ridge, IL, topping out
at $2,345,072.00 and the cheapest home
in Grand Ridge, IL,
clocking in at $10,522.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grand Ridge, IL!
Rent Prices
In Grand Ridge, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grand Ridge, IL, is on
a rollercoaster ride. The
average rent price in Grand Ridge, IL,
is $1,170.00. Indeed, when looking to rent in
Grand Ridge, IL, you can expect to pay as little
as $630.00 or as much
as $1,960.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Grand Ridge, 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.
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