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Land Foreclosures in Grant Park, IL

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Grant Park, IL Foreclosures

How much do homes sell for in Grant Park, IL?
The average home price is currently $290,678.
In Grant Park, IL, how many homes are available?
There are currently 4 active home listings available in Grant Park.
What’s the average rental cost in Grant Park, IL?
The average rental price in Grant Park is $1,527.
What is the most expensive home in Grant Park?
The most expensive home sold in Grant Park had a price of $2,925,684.
What is currently the cheapest priced home in Grant Park, IL?
The cheapest home for sale in Grant Park is priced at $15,947.

Living in Grant Park, IL

Grant Park, Illinois, is a quaint village known for its serene lifestyle and community spirit. It features beautiful parks, local events, and a rural charm that appeals to families and retirees. The village's location offers residents easy access to nearby towns for additional amenities while maintaining a peaceful living environment.

Current Market Conditions in Grant Park, IL

The current real estate market in Grant Park is relatively stable, with a mix of single-family homes and farmland available. Buyers are attracted to the area for its affordability and tranquil lifestyle. Interest rates have prompted some movement, and inventory levels remain consistent, indicating sustained interest in the village's properties.

Recent trends show a gradual increase in home prices over the past year, with many properties selling within a reasonable timeframe. There is increased interest from first-time homebuyers and families looking to relocate from urban areas.

Home Value Estimator For Grant Park, IL

There are currently 1,288 real estate properties in Grant Park, IL, with a median automated valuation model (AVM) price of $261,419.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grant Park, 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 Grant Park, IL, is $290,678.00, with the most expensive house in Grant Park, IL, topping out at $2,925,684.00 and the cheapest home in Grant Park, IL, clocking in at $15,947.00. In other words, there’s something for every potential homebuyer or savvy investor in Grant Park, IL!

Rent Prices In Grant Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grant Park, IL, is on a rollercoaster ride. The average rent price in Grant Park, IL, is $1,527.00. Indeed, when looking to rent in Grant Park, IL, you can expect to pay as little as $730.00 or as much as $3,040.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Grant Park, 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.

Grant Park, IL Land

Market Trend for Grant Park, IL

Total Listings Available: 4

Market Values:

Home Prices from $15,947 to $2,925,684

Average Sales Price: $290,678

Rental Values:

Rental from $730 to $3,040

Average Rent Value: $1,527 / month

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