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Featured local agent — Granville, IL
Sarah Mitchell
Compass Real Estate · Granville, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Granville, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$170,000median sale price
How is the Granville, IL housing market right now?
The median home sale price in Granville, IL is $170,000, up 16.0% year-over-year. Homes sell in an average of 44 days with 6 active listings. The market is currently a seller's market. (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 Granville a buyer's or seller's market?
Granville, IL is currently a seller's market, based on 2.0 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
44
Average pace
Active listings
6
2.0 months supply
Sale-to-list
98.9%
Below asking
What does the Granville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $170,000 |
| Median list price | $206,700 |
| Year-over-year price change | +16.0% |
| Average days on market | 44 days |
| Active inventory | 6 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $102/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Granville by property type?
How the Granville, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $170,000 | $102/sq ft | 3 | 44 days |
Source: Redfin · Updated monthly
The Granville housing market is currently classified as a seller's market with a median sale price of $170,000. Prices have risen 16.0% compared to last year, with homes spending an average of 44 days on market, indicating 2.0 months of inventory.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 2.3x provides context for how home values compare to local earning capacity.
Homes for sale in Granville
There are currently 6 homes listed for sale in Granville, Illinois. The median listing price is $207K.
Active listings
6
Homes on market
Median list price
$207K
Avg. days on market
44
Days until sale
New this week
4
Newly listed
Who lives in Granville?
Population
1,463
Median income
$70,893/yr
Median age
43.5 years
Owner-occupied
78.0%
College grads
22.8%
Avg commute
24.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Granville?
Zillow home value
$160,789
Price-to-income
2.3x
Source: Zillow Research
What is it like to live in Granville?
Granville is a community of approximately 1K residents with a median age of 43.5 years.The median household income is $70,893, which represents a working-class community with solid middle-income opportunities. 22.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 78.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Granville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Granville?
2 schools tracked · 439 students
The largest public schools serving Granville, 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.
Putnam County High School
Grades 9-12 · 236 students
Putnam Co Primary Sch
Grades PK-2 · 203 students
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 Granville, IL?
Want a head-to-head view? Compare Granville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Granville?
The median home sale price in Granville is $170,000, up 16.0% from last year.
How long do homes stay on market in Granville?
Homes typically spend 44 days on market before going under contract.
What is the median income in Granville?
The median household income is $70,893 per year.
Is Granville a buyer's or seller's market?
With 2.0 months of supply, Granville is currently a seller's market.
What is the Zillow home value estimate for Granville?
The Zillow Home Value Index (ZHVI) for Granville is $160,789, representing the typical home value in the area.
How much does a single-family home cost in Granville?
The median single-family home price in Granville, IL is $170,000 (about $102 per square foot).
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