Grundy County, IL Home Values & Market Trends

The median home price in Grundy County, IL is $285,407.75. There were 691 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 11, and the percentage of properties for sale is 11.00%. The county has 23 foreclosures, 6 bank owned properties, 14 headed for auction, and 11 properties for sale.

Grundy County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Minooka

$ 332,912

$ 156/sqft

Braceville

$ --

$ --

Morris

$ 160,112

$ 137/sqft

Kinsman

$ --

$ --

Verona

$ 261,347

$ 141/sqft

South Wilmington

$ --

$ --

Mazon

$ 287,461

$ 196/sqft

Gardner

$ --

$ --

Coal City

$ --

$ --

Housing Market Summary for Grundy County, IL

Mar 2023February 2024Change
Median Listing Price$249.6K$283K13.39%
Median Sold Price$267.1K$283K5.98%
Homes For Sale1712-29.41%
Homes Sold34039415.88%
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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 $24,999 to $2,671,500. Minooka is the priciest city with a median listing home price of $327,400, and Mazon is most affordable with average house prices of around $168,500.

Foreclosure
There are 9 cities within Grundy County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $385,150 in Verona to the lowest value of $62,900 in Verona. Foreclosure homes account for 0.00% of properties in Grundy County, IL with Minooka containing 11 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Grundy County, IL with Minooka containing 3 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 $253,273 in Minooka to the lowest home value of $175,397 in Mazon.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Grundy County, IL ranges from the highest value of $241,366 in Minooka to the lowest value of $62,900 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 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Minooka has 7 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 $404,574 in Morris to the lowest value of $118,548 in Morris.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% 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 $379,900 in Minooka to the lowest value of $132,322 in Morris.
    Sold Homes
    The median value for recently sold homes ranges from $999,079 in Minooka to the lowest price of $63,000 in Minooka. There are 9 cities within Grundy County, IL. Morris has 161 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.53% of properties in Grundy County, IL.

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      Guide for Grundy County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investing Strategies
      How To Decide Which Real Estate Market To Invest In
      New York
      Garland Shows Steady Growth and Stability from April 2023 to February 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      See More Articles
      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 Decide Which Real Estate Market To Invest In
      Investing Strategies|posted 8 March 2024

      We list the key factors and strategies to consider when deciding which real estate market to invest in.

      Garland Shows Steady Growth and Stability from April 2023 to February 2024
      New York|posted 8 March 2024

      The Garland real estate market shows signs of steady growth and stability, with average property values and per square foot prices seeing modest increases.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Recently Listed Homes Grundy County, IL

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