Grant Park, IL Home Values & Market Trends
Real estate market trends reflect that there have been 44 transactions over the past year in Grant Park. The median value for residential home transactions that occurred over the previous year is $394,000. The number of current listings in Grant Park is 21, and the percentage of properties for sale in the city is 21.00%. Grant Park, IL currently has 6 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 21 properties for sale.
Grant Park, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60940 | $ 394,000 $ 162/sqft |
Housing Market Summary for Grant Park, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $265K | $263.5K | -0.57% |
| Median Sold Price | $301.2K | $273.8K | -9.10% |
| Homes For Sale | 22 | 23 | 4.55% |
| Homes Sold | 22 | 15 | -31.82% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Grant Park, IL
Browse Homes in Grant Park, IL
Grant Park home values range from $66,043 to $661,797. The median estimated value of a home in Grant Park is $394,000. The median list price of a home is 265,000, and the total count of properties in the city is 50.
- Pre-ForeclosurePre-foreclosure homes account for 12.00% of all residential properties in Grant Park, IL with 60940 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Grant Park, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $499,851 in 60940 to the lowest home value of $211,434 in 60940.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Grant Park, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Grant Park, IL. There is 1 zips within Grant Park, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Grant Park, IL. Auction homes and other auction properties account for 0% of all properties in Grant Park, IL. There is 1 zips within Grant Park, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Grant Park, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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