Altos Market Data for Realtors

Grant Park, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Grant Park, IL

Tue Jul 01 2025
This week the median list price for Grant Park, IL is $325,000 with the market action index hovering around 40. This is an increase over last month's market action index of 32. Inventory has held steady at or around 12. Click here to stay informed with the Grant Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Grant Park, IL

Tue Jul 01 2025
This week the median list price for Grant Park, IL is $325,000 with the market action index hovering around 40. This is an increase over last month's market action index of 32. Inventory has held steady at or around 12. Click here to stay informed with the Grant Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Grant Park market.
Median List Price $325,000
Median Price of New Listings $325,000
Per Square Foot $154
Average Days on Market 50
Median Days on Market 32
Price Decreased 33%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$525,000 5,400 1 - 2.5 acres 4 2.5 23 0 1 49
$325,000 2,264 0.5 - 1 acre 4 2.5 40 1 0 21
$289,900 1,750 - 4 2 14 0 0 21
$135,000 1,672 - 3 1 120 0 0 56