Is Granville, IL 61326 a buyer’s or seller’s market?
Granville is a seller’s market. With about 3.2 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Granville housing market right now
In the three months ending August 31, 2026, 17% of homes in Granville, IL 61326 sold above their list price, the typical home went under contract in 72 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (115 days then) and the median sale price rose 3% to $167,303. Overall, Granville is more competitive than a year ago, so tougher for buyers.
Within Putnam County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Standard 61363 (0% sold over asking) or Mc Nabb 61335 (0% sold over asking), while Magnolia 61336 (33% sold over asking) is even more competitive.
Run the numbers for 61326
Nearby markets
Hennepin 61327Seller’s market $132 /sq ftMagnolia 61336Seller’s market $142 /sq ftMark 61340 — /sq ftMc Nabb 61335Seller’s market $99 /sq ft Browse all markets →Towns like Granville nearby
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Questions about Granville real estate
Is Granville a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Granville, IL 61326 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Granville?
The typical home went under contract in 72 days in the latest three months.
Do homes in Granville sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.
What are property taxes in Granville?
About 1.57% of a home’s value a year in Putnam County, or roughly $6,280 on a $400,000 home.
What is the median home price in Granville?
The median sale price was $167,303 in the three months ending August 31, 2026, about $117 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology