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Cheap Homes in Grand Tower, IL 62942

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Grand Tower, IL Foreclosures

How much do homes sell for in Grand Tower, IL?
The average home price is currently $101,328.
What’s the average rental cost in Grand Tower, IL?
The average rental price in Grand Tower is $753.
What is the most expensive home in Grand Tower?
The most expensive home sold in Grand Tower had a price of $5,895,973.
What is currently the cheapest priced home in Grand Tower, IL?
The cheapest home for sale in Grand Tower is priced at $10,426.

Living in Grand Tower, IL

Grand Tower, situated in Jackson County, offers a picturesque and tranquil living environment along the Mississippi River. The town is known for its scenic views, rich history, and small-town charm. With a close-knit community atmosphere, residents enjoy peaceful surroundings and access to various recreational activities along the river.

Current Market Conditions in Grand Tower, IL

The real estate market in Grand Tower is currently characterized by stable prices and a modest inventory of homes for sale. The town's appeal as a quiet residential area along the river continues to attract buyers seeking affordable housing options and a tranquil lifestyle.

As of recent trends, there is a growing interest in properties in Grand Tower, particularly as more people seek out rural areas post-pandemic. This interest is likely spurred by telecommuting trends, allowing residents to enjoy the peaceful environment without compromising job opportunities.

Home Value Estimator For Grand Tower, IL

There are currently 221 real estate properties in Grand Tower, IL, with a median automated valuation model (AVM) price of $58,574.00. 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 Tower, 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 Tower, IL, is $101,328.00, with the most expensive house in Grand Tower, IL, topping out at $5,895,973.00 and the cheapest home in Grand Tower, IL, clocking in at $10,426.00. In other words, there’s something for every potential homebuyer or savvy investor in Grand Tower, IL!

Rent Prices In Grand Tower, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grand Tower, IL, is on a rollercoaster ride. The average rent price in Grand Tower, IL, is $753.00. Indeed, when looking to rent in Grand Tower, IL, you can expect to pay as little as $540.00 or as much as $1,820.00, with the average rent median estimated to be $710.00. The good news is that finding an affordable and desirable property to rent in Grand Tower, 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 Grand Tower, IL 62942

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