Is Grantsburg, IL 62943 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Grantsburg 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 Grantsburg housing market right now

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

About the area

Johnson County, IL

Population	428
Median income	$83,194
Average income	$81,094
Median home value	$138,600
Owner-occupied	96% of homes
Median year built	1993

Natural hazard riskEarthquakes (relatively high), extreme heat (relatively high), tornadoes (relatively high)

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 62943; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 62943

Prefilled for 62943Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62943Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Buncombe 62912Buyer’s market $96 /sq ft Cypress 62923 — /sq ft Goreville 62939Balanced $114 /sq ft New Burnside 62967 — /sq ft Browse all markets →

Where Grantsburg is

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Questions about Grantsburg real estate

What are property taxes in Grantsburg?

About 1.24% of a home’s value a year in Johnson County, or roughly $4,960 on a $400,000 home.

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More tools for 62943

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 Johnson County property taxes Johnson 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