Granite City, IL 62040 Real Estate & Property Data

Granite City, IL 62040 Real Estate Market Trends
Last Updated: April 29, 2024

A total of 956 residential properties have been sold over the past 12 months in 62040. With a median sales price of $120,000 in 62040 and a total of 26 foreclosures in Granite City, IL 62040. Discover market trends and get the granular level real estate data for Granite City, IL 62040 to keep your pulse on the housing market. Curate compelling home reports for Granite City, IL 62040 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Granite City, IL 62040 Real Estate Market Trends
Total Residential Properties 15,258
Total Commercial Properties 1,200
Avg. Home Age (Single Family Home) 69 Years
Avg. Square Feet (Single Family Home) 1,098
Total 2024 Residential Sales (year-to-date) 111
% of Homes Seriously Underwater (Q2 2024) 1.8%
Total 2023 Residential Sales 905
% of Equity Rich Homes (Q2 2024) 31.94%
Effective 2023 Property Tax 1.81%
Total Foreclosure Filings (year-to-date) 39
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Granite City, IL 62040 Real Estate Overview

There were 956 residential properties sold in the past year in Granite City, IL 62040. The median home value in Granite City, IL 62040 is $113,862. There are a total of 15,258 residential properties in the 62040.

Median Sales Price i
$120,000
(Feb 2024)
+20%
year-over-year
y-o-y
  • February '24 Feb '24 $120,000
  • January '24 Jan '24 $141,500
  • December '23 Dec '23 $120,000
  • November '23 Nov '23 $109,248
  • October '23 Oct '23 $134,500
  • September '23 Sep '23 $116,250
  • August '23 Aug '23 $131,950
  • July '23 Jul '23 $123,000
  • June '23 Jun '23 $122,900
  • May '23 May '23 $120,000
  • April '23 Apr '23 $110,000
  • March '23 Mar '23 $135,000
Median Down Payment i
$3,351
(Feb 2024)
-32.4%
year-over-year
y-o-y
  • February '24 Feb '24 $3,351
  • January '24 Jan '24 $8,300
  • December '23 Dec '23 $6,850
  • November '23 Nov '23 $12,535
  • October '23 Oct '23 $3,947
  • September '23 Sep '23 $11,000
  • August '23 Aug '23 $9,450
  • July '23 Jul '23 $4,140
  • June '23 Jun '23 $5,669
  • May '23 May '23 $5,995
  • April '23 Apr '23 $4,780
  • March '23 Mar '23 $4,380
Number of Homes Sold i
47
(Feb 2024)
-29.9%
year-over-year
y-o-y
  • February '24 Feb '24 47
  • January '24 Jan '24 64
  • December '23 Dec '23 55
  • November '23 Nov '23 96
  • October '23 Oct '23 79
  • September '23 Sep '23 72
  • August '23 Aug '23 97
  • July '23 Jul '23 59
  • June '23 Jun '23 77
  • May '23 May '23 92
  • April '23 Apr '23 61
  • March '23 Mar '23 90
Number of Purchase Loans i
30
(Feb 2024)
-6.2%
year-over-year
y-o-y
  • February '24 Feb '24 30
  • January '24 Jan '24 44
  • December '23 Dec '23 42
  • November '23 Nov '23 53
  • October '23 Oct '23 46
  • September '23 Sep '23 41
  • August '23 Aug '23 61
  • July '23 Jul '23 48
  • June '23 Jun '23 52
  • May '23 May '23 61
  • April '23 Apr '23 46
  • March '23 Mar '23 52
Number of REFI Loans i
30
(Feb 2024)
+20%
year-over-year
y-o-y
  • February '24 Feb '24 30
  • January '24 Jan '24 32
  • December '23 Dec '23 24
  • November '23 Nov '23 24
  • October '23 Oct '23 36
  • September '23 Sep '23 20
  • August '23 Aug '23 23
  • July '23 Jul '23 21
  • June '23 Jun '23 21
  • May '23 May '23 18
  • April '23 Apr '23 25
  • March '23 Mar '23 28
Number of HELOC Loans i
8
(Feb 2024)
-27.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 13
  • December '23 Dec '23 10
  • November '23 Nov '23 16
  • October '23 Oct '23 18
  • September '23 Sep '23 5
  • August '23 Aug '23 12
  • July '23 Jul '23 8
  • June '23 Jun '23 12
  • May '23 May '23 5
  • April '23 Apr '23 6
  • March '23 Mar '23 12

Granite City, IL 62040 Foreclosure Activity

There were a total of 26 Granite City, IL 62040 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 19 Granite City, IL 62040 properties and repossessed 4 Granite City, IL 62040 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
26
(Feb 2024)
+23.8%
year-over-year
y-o-y
  • February '24 Feb '24 26
  • January '24 Jan '24 13
  • December '23 Dec '23 17
  • November '23 Nov '23 20
  • October '23 Oct '23 7
  • September '23 Sep '23 13
  • August '23 Aug '23 16
  • July '23 Jul '23 21
  • June '23 Jun '23 10
  • May '23 May '23 17
  • April '23 Apr '23 10
  • March '23 Mar '23 20
Foreclosure Starts i
19
(Feb 2024)
+18.8%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 9
  • December '23 Dec '23 14
  • November '23 Nov '23 14
  • October '23 Oct '23 6
  • September '23 Sep '23 10
  • August '23 Aug '23 6
  • July '23 Jul '23 13
  • June '23 Jun '23 6
  • May '23 May '23 9
  • April '23 Apr '23 5
  • March '23 Mar '23 11
Completed Foreclosures (REOs) i
4
(Feb 2024)
  • February '24 Feb '24 4
  • January '24 Jan '24 10
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 6
  • August '23 Aug '23 3
  • July '23 Jul '23 5
  • June '23 Jun '23 5
  • May '23 May '23 7
  • April '23 Apr '23 6
  • March '23 Mar '23 2
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