Grundy County Home Prices & Values

$173,900 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 17.5% 1-year change
  • 4.5% 1-year forecast

The median home value in Grundy County is $173,900. Grundy County home values have gone up 17.5% over the past year and Zillow predicts they will rise 4.5% within the next year. The median list price per square foot in Grundy County is $104, which is lower than the Chicago Metro average of $137. The median price of homes currently listed in Grundy County is $172,900 while the median price of homes that sold is $168,350.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Grundy County is 6.0%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Grundy County homeowners underwater on their mortgage is 24.9%, which is lower than Chicago Metro at 28.1%.

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Relative ZHVI
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Grundy County Market Overview

Data through Jun 30, 2014
  • $173,900 ZHVI
  • 4.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $172,900 Median listing price
  • $168,350 Median sale price (May 31, 2014)
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Grundy County Market Health

Data through Jun 30, 2014
  • 5.6/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 24.9% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 6.0% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Cities in Grundy County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Morris $176,400 Mazon $159,500 Coal City $149,500
Gardner $137,300    

Listings & Sales

Data through Jun 30, 2014
  • $104 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 34.6% Listings with price cut
43.6%
Sold below listing
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Grundy County Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,429 Grundy County
$1,630 Chicago Metro
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $0.92 Rent list price / sq ft
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