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These days, finding an affordable place to live in the Granville area can be challenging. Home prices in Granville are now at a median cost of $139,543, lower than the Illinois average of $300,242.
The average cost of rent is $712/mo in Granville, primarily driven by the current value of real estate in the Granville area. In Granville, 19.82% of households rent, and 56.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Granville is $5,726 per month. Households that rent pay about 12.44% of their income on rent here. Granville’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mark, IL: higher priced homes
- Standard, IL: equally priced homes
- Spring Valley, IL: higher priced homes
- Hennepin, IL: higher priced homes
- Cedar Point, IL: equally priced homes
- DePue, IL: less expensive homes
- McNabb, IL: higher priced homes
- Dalzell, IL: higher priced homes
- Peru, IL: higher priced homes
- Seatonville, IL: less expensive homes
Cities with Similar Populations
- Wyocena, WI: higher priced homes
- Beaver Dam, AZ: higher priced homes
- Bel-Nor, MO: higher priced homes
- Worthington Hills, KY: higher priced homes
- Boonville, CA: higher priced homes
- Brierfield, AL: less expensive homes
- Smithland, KY: equally priced homes
- Ridgeville, IN: less expensive homes
- Rossville, IL: less expensive homes
- Russell, MA: higher priced homes
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