Housing in 61325 Grand Ridge, IL is more affordable than the national average. The median housing value in 61325 Grand Ridge is $146,000 which is significantly lower than the US House Median Value of $338,100. Over the last year, there has been an appreciation of 8.27% for housing nationally and 6.44% in Grand Ridge. This provides an opportunity for potential homebuyers to invest in the area while still benefiting from house price appreciation.
The median home cost in Grand Ridge (zip 61325) is $146,000. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Grand Ridge (zip 61325) is up 8.8%.
Average Age of Homes
- The median age of Grand Ridge (zip 61325) real estate is 70 years old
The Rental Market in Grand Ridge (zip 61325)
- Renters make up 11.5% of the Grand Ridge (zip 61325) population
- 0.2% of houses and apartments in Grand Ridge (zip 61325), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.