Is Gridley, IL 61744 a buyer’s or seller’s market?
Gridley is a seller’s market. With about 3.8 months of supply and 60% 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 Gridley housing market right now
In the three months ending August 31, 2026, 60% of homes in Gridley, IL 61744 sold above their list price, the typical home went under contract in 44 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 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 56%, homes sold more slowly (33 days then) and the median sale price rose 38% to $269,883. Overall, Gridley is about as competitive as it was a year ago.
Within McLean County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 86%.
Nearby, buyers who want less competition could look at Towanda 61776 (0% sold over asking) or Mc Lean 61754 (0% sold over asking), while Arrowsmith 61722 (100% sold over asking) and Shirley 61772 (100% sold over asking) are even more competitive.
Run the numbers for 61744
Nearby markets
Anchor 61720 $124 /sq ftArrowsmith 61722Seller’s market $114 /sq ftBellflower 61724Seller’s market $182 /sq ftBloomington 61701Seller’s market $114 /sq ft Browse all markets →Towns like Gridley nearby
Find towns like Gridley in other states →Where Gridley is
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Questions about Gridley real estate
Is Gridley a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Gridley, IL 61744 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 Gridley?
The typical home went under contract in 44 days in the latest three months.
Do homes in Gridley sell over asking?
60% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.
What are property taxes in Gridley?
About 2.17% of a home’s value a year in McLean County, or roughly $8,680 on a $400,000 home.
What is the median home price in Gridley?
The median sale price was $269,883 in the three months ending August 31, 2026, about $138 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