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Foreclosure Homes in Granville, IL

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Granville, IL Foreclosures

Current Market Conditions in in Granville, IL As of February 2026?
In the past month, Granville's real estate market has experienced slight fluctuations, with a few properties entering into the market. Despite this, competition remains high, and homebuyers are advised to act quickly when they find a property they are interested in. Inventory levels still lag behind demand, causing some homes to close above asking price, showing the strength of the buyer's interest in the area.
How much do homes sell for in Granville, IL?
The average home price is currently $192,529.
In Granville, IL, how many homes are available?
There are currently 1 active home listings available in Granville.
What’s the average rental cost in Granville, IL?
The average rental price in Granville is $995.
What is the most expensive home in Granville?
The most expensive home sold in Granville had a price of $4,267,261.
What is currently the cheapest priced home in Granville, IL?
The cheapest home for sale in Granville is priced at $12,785.

Living in Granville, IL

Granville, Illinois is a charming small village located along the banks of the Illinois River. This quaint community boasts a friendly atmosphere and is known for its beautiful landscapes and historic charm. Residents enjoy a slower pace of life while still having access to modern amenities and outdoor recreational activities.

Buyer vs Seller Market in Granville, IL

The real estate market in Granville has remained stable, with a slight increase in home values over the past year. Buyers are attracted to the area due to its affordability and community-focused environment. The median home price has seen modest growth as families seek more space and a peaceful lifestyle away from urban centers.

Currently, the market is quite competitive with a mix of older homes that are being renovated and new constructions appealing to younger families. Many properties are seeing multiple offers, indicating a strong demand among buyers.

Home Value Estimator For Granville, IL

There are currently 1,011 real estate properties in Granville, IL, with a median automated valuation model (AVM) price of $164,338.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Granville, 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 Granville, IL, is $192,529.00, with the most expensive house in Granville, IL, topping out at $4,267,261.00 and the cheapest home in Granville, IL, clocking in at $12,785.00. In other words, there’s something for every potential homebuyer or savvy investor in Granville, IL!

Rent Prices In Granville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Granville, IL, is on a rollercoaster ride. The average rent price in Granville, IL, is $995.00. Indeed, when looking to rent in Granville, IL, you can expect to pay as little as $630.00 or as much as $1,760.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Granville, 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.

Granville, IL Foreclosures

Market Trend for Granville, IL

Total Listings Available: 1

Market Values:

Home Prices from $12,785 to $4,267,261

Average Sales Price: $192,529

Rental Values:

Rental from $630 to $1,760

Average Rent Value: $995 / month

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