Grandwood Park, IL

Balanced market-55.4% YoY

Housing market overview · Updated weekly

$290,000median sale price

Homes sold

3

Last 12 weeks

Days on market

44

Average pace

Active listings

11

3.7 months supply

Sale-to-list

99.7%

Below asking

The Grandwood Park housing market is currently classified as a balanced market with a median sale price of $290,000. Prices have fallen 55.4% compared to last year, with homes spending an average of 44 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Grandwood Park

There are currently 11 homes listed for sale in Grandwood Park, Illinois. The median listing price is $588K.

Active listings

11

Homes on market

Median list price

$588K

Avg. days on market

44

Days until sale

New this week

7

Newly listed

Sale-to-list:99.7%

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Frequently asked questions

What is the average home price in Grandwood Park?

The median home sale price in Grandwood Park is $290,000, down 55.4% from last year.

How long do homes stay on market in Grandwood Park?

Homes typically spend 44 days on market before going under contract.

Is Grandwood Park a buyer's or seller's market?

With 3.7 months of supply, Grandwood Park is currently a balanced market.

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