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Preforeclosure Homes in Granite City, IL

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Granite City, IL Foreclosures

How much do homes sell for in Granite City, IL?
The average home price is currently $153,443.
In Granite City, IL, how many homes are available?
There are currently 94 active home listings available in Granite City.
What’s the average rental cost in Granite City, IL?
The average rental price in Granite City is $988.
What is the most expensive home in Granite City?
The most expensive home sold in Granite City had a price of $96,769,448.
What is currently the cheapest priced home in Granite City, IL?
The cheapest home for sale in Granite City is priced at $10,298.

Living in Granite City, IL

Granite City, IL, is a family-friendly suburban community located just a few miles from St. Louis. Known for its industrial roots, the city boasts an inviting atmosphere with numerous parks and recreational opportunities. Residents benefit from quality schools, local amenities, and a strong community spirit.

Current Market Conditions in Granite City, IL

The Granite City real estate market has seen a steady increase in home prices over the past year, reflecting a growing interest in suburban living as more people seek affordable housing options outside urban centers. The housing inventory remains relatively low, leading to competitive bidding situations in certain neighborhoods.

Granite City has become more appealing to first-time homebuyers and families looking for larger spaces at reasonable prices compared to nearby cities. As the demand for affordable homes continues to rise, it is likely that home values will appreciate steadily.

Home Value Estimator For Granite City, IL

There are currently 15,942 real estate properties in Granite City, IL, with a median automated valuation model (AVM) price of $120,997.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Granite City, 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 Granite City, IL, is $153,443.00, with the most expensive house in Granite City, IL, topping out at $96,769,448.00 and the cheapest home in Granite City, IL, clocking in at $10,298.00. In other words, there’s something for every potential homebuyer or savvy investor in Granite City, IL!

Rent Prices In Granite City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Granite City, IL, is on a rollercoaster ride. The average rent price in Granite City, IL, is $988.00. Indeed, when looking to rent in Granite City, IL, you can expect to pay as little as $540.00 or as much as $2,350.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Granite City, 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.

Granite City, IL Preforeclosure Homes


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