Grand Ridge, IL Foreclosures
How much do homes sell for in Grand Ridge, IL?
The average home price is currently $187,647.
In Grand Ridge, IL, how many homes are available?
There are currently 4 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 $708,825.
What is currently the cheapest priced home in Grand Ridge, IL?
The cheapest home for sale in Grand Ridge is priced at $10,486.
Living in Grand Ridge, IL
Grand Ridge, IL is a quaint village that offers a peaceful lifestyle with a strong sense of community. It features local parks and outdoor activities, making it ideal for families and retirees. With close access to larger towns, residents enjoy a balance of rural living and urban conveniences.
Current Market Conditions in Grand Ridge, IL
The current real estate market in Grand Ridge is showing signs of stability, with a slight increase in home prices due to limited inventory and growing interest from buyers seeking affordable housing options. The community's quiet nature and proximity to larger urban areas have made it attractive for those looking to relocate from more densely populated regions.
Comparatively, the market in Grand Ridge has been relatively competitive, particularly for homes in good condition. Sellers are receiving multiple offers, and properties are often selling within weeks of listing.
Home Value Estimator For Grand Ridge, IL
There are currently 283 real estate properties
in Grand Ridge, IL,
with a median automated valuation model (AVM) price
of $171,315.00. 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 $187,647.00, with the most expensive house
in Grand Ridge, IL, topping out
at $708,825.00 and the cheapest home
in Grand Ridge, IL,
clocking in at $10,486.00. 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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