Grand Ridge, IL housing market
The typical Grand Ridge home is worth about $252,000, up 6.1% in a year, 15% below the Illinois typical home.
Home values, sales, trends and how Grand Ridge compares with the towns next door — updated as new data is published.
Grand Ridge at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2019–2026
Show as a table
| January | Grand Ridge | Illinois |
|---|---|---|
| 2020 | $152,000 | $200,000 |
| 2021 | $168,000 | $215,000 |
| 2022 | $188,000 | $236,000 |
| 2023 | $196,000 | $248,000 |
| 2024 | $210,000 | $263,000 |
| 2025 | $224,000 | $278,000 |
| 2026 | $250,000 | $290,000 |
| August 2026 | $252,000 | $298,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Grand Ridge in 2025. Over the past 10 years, Grand Ridge has permitted 5 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Grand Ridge's population fell by 45 even though 3 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $367,000 |
| 2024 | 1 | 1 | 0 | $353,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $500,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 1 | 1 | 0 | $400,000 |
| 2018 | 1 | 1 | 0 | $300,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $360,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 3 | 3 | 0 | $345,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 1 | 1 | 0 | $142,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,050
HUD's Fair Market Rent for a two-bedroom in Grand Ridge is $1,050 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Grand Ridge pay a median of $1,023.
Studio $750 · 4 bedrooms $1,650
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61325; La Salle County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Grand Ridge
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.