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  1. Home
  2. /Browse ZIP Codes
  3. /Illinois
  4. /Grantsburg, IL - 62943

Grantsburg, IL—62943

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$171,000
2.5% YoY Growth
Household Income
$54,700
11.5% YoY Growth
Days on Market
29
40.0% Shorter YoY
Home Price Forecast
-0.5%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Grantsburg, IL

As of May '26, the median home price in Grantsburg, IL is $171,000, with a year-over-year change of 2.5%. This indicates that home prices in Grantsburg, IL are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$171,0002.5%
Single Family $171,0003.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    2 Bedrooms
    40.9%
    3 Bedrooms
    45.7%
    4 Bedrooms
    13.4%

    Rental Trends — Grantsburg, IL

    Grantsburg, IL lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    2 Bedrooms
    100.0%

    Property Listings — Grantsburg, IL

    As of May '26, Realtor.com reports that the median days on market for a home in Grantsburg, IL is 29. This is a decrease of -40.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $440,00079.0%
    Listing Count
    3-68.0%
    Listings as % of Homes0.0%-68.0%
    Days on Market
    29-40.0%
    Loading chart...

    Demographics — Grantsburg, IL

    As of the latest ACS Survey released in 2023, Grantsburg, IL has a population of 324, which has decreased by -10.0% over the past 5 years. Grantsburg, IL is a popular place for families, as children make up 28.7% of the population. The area has a poorly educated workforce, with 6.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    324-10.0%
    % Under 18
    28.7%205.3%
    % Seniors
    17.3%-30.8%
    % WFH
    30.0%757.1%
    % w/ College Degree
    6.3%-63.6%
    Loading chart...

    As of the latest ACS Survey released in 2023, Grantsburg, IL is a predominantly white area, with 69.8% of the population identifying as white. The white population has shrunk by 30.2% in the last 5 years. The second most common race or ethnicity in Grantsburg, IL is hispanic, making up 13.0% of the population. Foreign-born residents account for 0.9% of the population in Grantsburg, IL, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    69.8%-30.2%
    % Black
    0.0%N/A
    % Hispanic
    13.0%∞%
    % Asian
    0.0%N/A
    % Foreign Born
    0.9%∞%
    Loading chart...

    Mortgage and Risk — Grantsburg, IL

    Grantsburg, IL lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    N/A
    % Conventional Loans
    N/A
    % Government Loans
    N/A
    % Investor Loans
    N/A
    % Second Loans
    N/A
    % Cash Out Refinance
    N/A
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Grantsburg, IL

    Grantsburg, IL lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    N/A
    Total Units Section 8
    N/A
    % Rentals under Section 8
    N/A
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$730
    2 BedroomN/AN/A$900
    3 BedroomN/AN/A$1,190
    4 BedroomN/AN/A$1,470

    Affordability — Grantsburg, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$171,000
    Median Household Income$54,700

    Grantsburg, IL — ZIP Code Boundary Map

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    Frequently Asked Questions