Housing in Grandwood Park, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$370,000
Median List Price
$287,500
Price Per Sq Ft
$203
Days on Market
92
Active Inventory
7
Months of Supply
1.8
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
100.0%
Sale-to-List Ratio
99.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
4
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$203
Median List $/SF
$201
Grandwood Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Grandwood Park 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
$313,000
Median Rent
$1,797
Total Housing Units
2,135
Vacancy Rate
6.5%
Owner Occupied
86.8%
Renter Occupied
13.2%
Median Property Tax
$9,690
per year
Monthly Cost (w/ Mortgage)
$1,915
Housing Types
The current median sale price in Grandwood Park, IL is $370,000 according to Redfin data. Homes spend a median of 92 days on the market. 25.0% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $203. The median rent is $1,797 per month (Census ACS). About 86.8% of housing units are owner-occupied. The median year homes were built is 1991. There are 2,135 total housing units.