Grundy County, IL Home Values & Market Trends

The median home price in Grundy County, IL is $286,344.17. There were 720 home sales in Grundy County, IL over the past 12 months. The median residential Grundy County, IL home value for transactions over the previous year is $240,000. The number of current listings in Grundy County, IL is 17, and the percentage of properties for sale is 17.00%. The county has 40 foreclosures, 6 bank owned properties, 13 headed for auction, and 17 properties for sale.

Grundy County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Minooka

$ 373,847

$ 170/sqft

Braceville

$ --

$ --

Morris

$ 298,178

$ 129/sqft

Kinsman

$ --

$ --

Coal City

$ 338,330

$ --

South Wilmington

$ --

$ --

Verona

$ 237,243

$ 128/sqft

Gardner

$ --

$ --

Mazon

$ 168,500

$ 115/sqft

Housing Market Summary for Grundy County, IL

Apr 2023March 2024Change
Median Listing Price$300K$275K-8.33%
Median Sold Price$266.6K$275K3.13%
Homes For Sale179-47.06%
Homes Sold29232511.30%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Grundy County, IL

Grundy County, IL home values range from $24,751 to $2,656,940. Minooka is the priciest city with a median listing home price of $348,950, and Mazon is most affordable with average house prices of around $159,900.

Foreclosure
There are 9 cities within Grundy County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $404,737 in Verona to the lowest value of $59,950 in Verona. Foreclosure homes account for 0.00% of properties in Grundy County, IL with Minooka containing 19 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.14% of all residential properties in Grundy County, IL with Minooka containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Grundy County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $404,737 in Minooka to the lowest home value of $105,366 in Gardner.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Grundy County, IL ranges from the highest value of $247,250 in Coal City to the lowest value of $59,950 in Verona. Bank owned homes and properties account for 0.04% of properties in Grundy County, IL. There are 9 cities within Grundy County, IL; Gardner containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Coal City has 4 auction properties, the highest number of properties going to auction in a single city in the state of Grundy County, IL. Auction homes and other auction properties account for 0.09% of all properties in Grundy County, IL. There are 9 cities within Grundy County, IL; of those cities, the median estimated home value for homes going to auction ranges from $277,587 in Morris to the lowest value of $119,339 in Morris.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Grundy County, IL with Minooka containing 6 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Grundy County, IL; homes for sale in those cities, have a range of median values from $338,330 in Coal City to the lowest value of $168,500 in Mazon.
    Sold Homes
    The median value for recently sold homes ranges from $525,722 in Gardner to the lowest price of $83,365 in Gardner. There are 9 cities within Grundy County, IL. Morris has 152 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.49% of properties in Grundy County, IL.

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      Guide for Grundy County, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Recently Listed Homes Grundy County, IL

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