Grantsburg, IL Foreclosures
How much do homes sell for in Grantsburg, IL?
The average home price is currently $132,982.
In Grantsburg, IL, how many homes are available?
There are currently 1 active home listings available in Grantsburg.
What’s the average rental cost in Grantsburg, IL?
The average rental price in Grantsburg is $899.
What is the most expensive home in Grantsburg?
The most expensive home sold in Grantsburg had a price of $733,183.
What is currently the cheapest priced home in Grantsburg, IL?
The cheapest home for sale in Grantsburg is priced at $18,094.
Living in Grantsburg, IL
Grantsburg, IL, is a quaint rural town known for its friendly community and beautiful landscapes. Surrounded by farmland, this area provides a peaceful atmosphere for families and retirees alike. Residents appreciate the affordability of housing and the convenience of local amenities and nearby towns for extra services and entertainment.
Current Market Conditions in Grantsburg, IL
The real estate market in Grantsburg is currently experiencing stable conditions, with homes selling at a steady pace. As the demand for affordable housing continues, many buyers are drawn to the charm and tranquility this town offers, leading to consistent interest in available properties. While prices are modest compared to larger urban areas, the lack of inventory can create competition among buyers, particularly for well-maintained homes.
Over the previous year, Grantsburg's market has seen a gradual increase in home values due to a growing interest in rural living, boosted partially by the pandemic. Buyers are looking for more space and a serene locale, which has made Grantsburg attractive. New developments and renovations in the area are also contributing to the upward trend in the local property market.
Home Value Estimator For Grantsburg, IL
There are currently 174 real estate properties
in Grantsburg, IL,
with a median automated valuation model (AVM) price
of $103,847.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grantsburg, 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 Grantsburg, IL,
is $132,982.00, with the most expensive house
in Grantsburg, IL, topping out
at $733,183.00 and the cheapest home
in Grantsburg, IL,
clocking in at $18,094.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grantsburg, IL!
Rent Prices
In Grantsburg, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grantsburg, IL, is on
a rollercoaster ride. The
average rent price in Grantsburg, IL,
is $899.00. Indeed, when looking to rent in
Grantsburg, IL, you can expect to pay as little
as $570.00 or as much
as $1,720.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Grantsburg, 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.