Grand Ridge, IL is a great place to live with its housing median value at $154,700. Although this is lower than the US House Median Value of $338,100, the 1 year house appreciation for Grand Ridge, IL is still 6.44%, which is higher than the national average of 8.27%. Living in Grand Ridge gives you the opportunity to purchase a home without breaking your budget and still enjoy a good rate of return on your investment.
The median home cost in Grand Ridge is $154,700. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Grand Ridge is up 8.8%.
Average Age of Homes
- The median age of Grand Ridge real estate is 71 years old
The Rental Market in Grand Ridge
- Renters make up 13.5% of the Grand Ridge population
- 0.4% of houses and apartments in Grand Ridge, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.