Griggsville, IL Foreclosures
How much do homes sell for in Griggsville, IL?
The average home price is currently $159,224.
What’s the average rental cost in Griggsville, IL?
The average rental price in Griggsville is $1,048.
What is the most expensive home in Griggsville?
The most expensive home sold in Griggsville had a price of $1,659,950.
What is currently the cheapest priced home in Griggsville, IL?
The cheapest home for sale in Griggsville is priced at $11,760.
Living in Griggsville, IL
Griggsville, IL, is a picturesque small town that epitomizes rural American charm. With a close-knit community, local events, and plenty of outdoor activities, it's an ideal place for families and retirees. The town offers essential amenities while being close to larger towns for additional shopping and entertainment.
Current Market Conditions in Griggsville, IL
The real estate market in Griggsville is currently experiencing a moderate level of activity, characterized by a balanced supply and demand for homes. The town remains attractive to buyers looking for affordable housing options while maintaining a quality lifestyle. As such, inventory levels have stabilized, and buyers are encouraged to explore the market before opportunities decrease due to increased interest from neighboring counties.
Within the past month, the market has seen modest improvements, resulting in a slight uptick in home prices driven by increased buyer activity. This growth is fueled by the town's appeal to those seeking a quiet place to live, combined with the rising costs of living in urban areas that push families towards more affordable options in rural regions.
Home Value Estimator For Griggsville, IL
There are currently 526 real estate properties
in Griggsville, IL,
with a median automated valuation model (AVM) price
of $114,238.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Griggsville, 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 Griggsville, IL,
is $159,224.00, with the most expensive house
in Griggsville, IL, topping out
at $1,659,950.00 and the cheapest home
in Griggsville, IL,
clocking in at $11,760.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Griggsville, IL!
Rent Prices
In Griggsville, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Griggsville, IL, is on
a rollercoaster ride. The
average rent price in Griggsville, IL,
is $1,048.00. Indeed, when looking to rent in
Griggsville, IL, you can expect to pay as little
as $500.00 or as much
as $2,160.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Griggsville, 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.
Learn more on Foreclosure homes
