A typical Grand Tower Township home is worth roughly $52,000
What kind of housing town is Grand Tower Township?
Read from the numbers below. The page puts what stands out first.
A typical home costs 1.4 years of income
Less than across Illinois (3.2 years). Try your own numbers below.
That covers a typical Grand Tower Township home, with $70K to spare.
A two-bedroom rents for about $920 a month here, $560 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $920
Renters already here pay a median of $682, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Jackson County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
67% of Grand Tower Township households own their home
Half of Grand Tower Township’s homes were built before 1957.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Grand Tower Township vs. its neighbors
Grand Tower Township is the least expensive of 3 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Grand Tower Township | $52K* | — | $920 | $36,458 |
| Pomona Township | $190K | +6.5% | $920 | $53,365 |
| Sand Ridge Township | $154K* | — | $920 | $49,390 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
On the market in Grand Tower Township
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Grand Tower Township buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.