Housing in Grand Tower, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — September 2024

Median Sale Price

$12,833

Median List Price

N/A

Price Per Sq Ft

$20

Days on Market

42

Active Inventory

1

Months of Supply

1.0

Seller's market

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

58.3%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

1

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$20

Grand Tower vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Grand Tower is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$24,500

Median Rent

$700

Total Housing Units

245

Vacancy Rate

18.0%

Owner Occupied

64.2%

Renter Occupied

35.8%

Median Property Tax

N/A

per year

Monthly Cost (w/ Mortgage)

$435

Housing Types

Single Family
73.5%
Multi-Family
8.2%
Mobile Home
18.4%

The current median sale price in Grand Tower, IL is $12,833 according to Redfin data. Homes spend a median of 42 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $20. The median rent is $700 per month (Census ACS). About 64.2% of housing units are owner-occupied. The median year homes were built is 1960. There are 245 total housing units.