The housing market in Granville, IL is currently thriving. The median value for homes in Granville is $134,000, which is significantly lower than the US House Median Value of $338,100. Although the appreciation rate of homes in Granville was 6.44%, compared to 8.27% for the US at large, it still demonstrates a sound investment opportunity for potential homeowners. With its relatively low median value and steady growth in appreciation, Granville offers an attractive option for families and individuals looking to purchase or invest in a home.
The median home cost in Granville is $134,000. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Granville is up 8.8%.
Average Age of Homes
- The median age of Granville real estate is 59 years old
The Rental Market in Granville
- Renters make up 25.7% of the Granville population
- 0.0% of houses and apartments in Granville, 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.