Is Grand Ridge, IL 61325 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Grand Ridge is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Grand Ridge housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

LaSalle County, IL

Population	949
Median income	$87,500
Average income	$96,252
Median home value	$182,800
Median rent	$995/month
Owner-occupied	88% of homes
Median year built	1942

Natural hazard riskTornadoes (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 61325; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 61325

Prefilled for 61325Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61325Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cedar Point 61316Seller’s market $46 /sq ft Dana 61321 — /sq ft Earlville 60518Seller’s market $162 /sq ft La Salle 61301Seller’s market $104 /sq ft Browse all markets →

Where Grand Ridge is

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Questions about Grand Ridge real estate

What are property taxes in Grand Ridge?

About 2.11% of a home’s value a year in LaSalle County, or roughly $8,440 on a $400,000 home.

Local agents

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More tools for 61325

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value LaSalle County property taxes LaSalle County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology