Grand Ridge, IL—61325
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grand Ridge, IL
Grand Ridge, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $229,000 | 7.9% |
| Single Family | $229,000 | 8.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grand Ridge, IL
Grand Ridge, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Grand Ridge, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Grand Ridge, IL is 5. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $175,000 | 73.0% |
Listing Count | 1 | 100.0% |
| Listings as % of Homes | 0.7% | 100.0% |
Days on Market | 5 | -8.0% |
Demographics — Grand Ridge, IL
As of the latest ACS Survey released in 2023, Grand Ridge, IL has a population of 1,130, which has increased by 16.6% over the past 5 years. Grand Ridge, IL is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 20.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,130 | 16.6% |
% Under 18 | 22.2% | 4.7% |
% Seniors | 18.0% | -9.1% |
% WFH | 4.8% | 9.1% |
% w/ College Degree | 20.8% | 4.5% |
As of the latest ACS Survey released in 2023, Grand Ridge, IL is a predominantly white area, with 95.5% of the population identifying as white. The white population has grown by 9.3% in the last 5 years. The second most common race or ethnicity in Grand Ridge, IL is hispanic, making up 2.7% of the population. Foreign-born residents account for 1.1% of the population in Grand Ridge, IL, and this percentage has increased by 57.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.5% | 9.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.7% | -75.9% |
% Asian | 0.2% | -60.0% |
% Foreign Born | 1.1% | 57.1% |
Mortgage and Risk — Grand Ridge, IL
According to HUD data as of 2023, there were 32 mortgage originations in Grand Ridge, IL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Grand Ridge, IL. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 32 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 6.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Grand Ridge, IL
Grand Ridge, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,530 |
Affordability — Grand Ridge, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $229,000 |
| Median Household Income | $89,100 |