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Sarah Mitchell

CNESRESABR

Compass Real Estate · Grand Ridge, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Grand Ridge, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Grand Ridge, IL Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$132,000median sale price

How is the Grand Ridge, IL housing market right now?

The median home sale price in Grand Ridge, IL is $132,000. Homes sell in an average of 90 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Grand Ridge a buyer's or seller's market?

Leaning buyer's90 avg. days on market

Grand Ridge, IL is currently a leaning buyer's and homes selling in about 90 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

90

Average pace

Active listings

Sale-to-list

97.5%

Below asking

What does the Grand Ridge housing market data show?

Current housing market statistics for Grand Ridge, IL
MetricValue
Median sale price$132,000
Average days on market90 days
Sale-to-list price ratio97.5%
Median price per sq ft$106/sq ft
Homes sold (latest month)2
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Grand Ridge by property type?

How the Grand Ridge, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Grand Ridge, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$132,000$106/sq ft290 days

Source: Redfin · Updated monthly

The Grand Ridge housing market is currently classified as a leaning buyer's with a median sale price of $132,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 90 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.

Homes for sale in Grand Ridge

Explore homes currently listed for sale in Grand Ridge, Illinois across major real estate platforms.

Sale-to-list:97.5%

Who lives in Grand Ridge?

Population

649

Median income

$84,375/yr

Median age

34 years

Owner-occupied

88.8%

College grads

18.5%

Avg commute

34.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Grand Ridge?

Zillow home value

$249,733

Price-to-income

3.0x

Source: Zillow Research

What is it like to live in Grand Ridge?

Grand Ridge is a community of approximately 1K residents with a median age of 34 years.The median household income is $84,375, which reflects a relatively affluent area with strong earning potential. 18.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 88.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Grand Ridge offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Grand Ridge?

1 schools tracked · 215 students

The largest public schools serving Grand Ridge, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Grand Ridge School

Grades K-8 · 215 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Grand Ridge, IL?

Want a head-to-head view? Compare Grand Ridge side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Grand Ridge?

The median home sale price in Grand Ridge is $132,000, down 0.0% from last year.

How long do homes stay on market in Grand Ridge?

Homes typically spend 90 days on market before going under contract.

What is the median income in Grand Ridge?

The median household income is $84,375 per year.

What is the Zillow home value estimate for Grand Ridge?

The Zillow Home Value Index (ZHVI) for Grand Ridge is $249,733, representing the typical home value in the area.

How much does a single-family home cost in Grand Ridge?

The median single-family home price in Grand Ridge, IL is $132,000 (about $106 per square foot).

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