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Foreclosure Homes in Griggsville, IL

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View this home at N State St Griggsville IL 62340
Foreclosure
$49,000 List Price

3 Bed | 1 Bath

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Griggsville, IL Foreclosures

How much do homes sell for in Griggsville, IL?
The average home price is currently $93,667.
In Griggsville, IL, how many homes are available?
There are currently 395 active home listings available in Griggsville.
What’s the average rental cost in Griggsville, IL?
The average rental price in Griggsville is $1,048.
What is the most expensive home in Griggsville, Illinois?
The most expensive home sold in Griggsville had a price of $587,571.
What is currently the cheapest priced home in Griggsville, IL?
The cheapest home for sale in Griggsville is priced at $12,900.

Home Value Estimator For Griggsville, IL

There are currently 395 real estate properties in Griggsville, IL, with a median automated valuation model (AVM) price of $78,383.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Griggsville, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Griggsville, IL, is $93,667.00, with the most expensive house in Griggsville, IL, topping out at $587,571.00 and the cheapest home in Griggsville, IL, clocking in at $12,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Griggsville, IL!


Rent Prices In Griggsville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Griggsville, IL, is on a rollercoaster ride. The average rent price in Griggsville, IL, is $1,048.00. Indeed, when looking to rent in Griggsville, IL, you can expect to pay as little as $500.00 or as much as $2,160.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Griggsville, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Griggsville, IL In 2024

Griggsville is located in Pike, Illinois, with an estimated municipal population of 1,150 residents. All of the best foreclosed homes for sale in Griggsville are located in the following zip code areas on Foreclosure.com: 62340. The estimated population per square kilometer (.62 miles) in Griggsville is 401.


Cost Of Living In Griggsville, IL

So, about how much do homes cost in Griggsville? The most recent median value of resident-owned homes in Griggsville is 73,054. An estimated 78.3 percent of households in Griggsville own their homes, with an average family size of 3.46. The median household income in Griggsville is 53,088, with18.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Griggsville, the median commute time of resident workers (in minutes) is 19.6. And last, but certainly not least, are you looking for homes to rent in Griggsville? If so, the average rent price paid by renters in Griggsville is 660, according to recent statistics.


Diversity And Demographics In Griggsville, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Griggsville, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Griggsville is 40, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Griggsville is 58.4, with an average family size of 3.46.

The percentage of residents who report their race in Griggsville is as follows:

White 98.1%
Black / African American 0%
Asian 0.2%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.8%
Other 0.5%

Looking for family-friendly neighborhoods in and/or near Griggsville? Or maybe you are searching for 55+ active adult communities in and/or near Griggsville?

The percentage of residents who report their age in Griggsville is as follows:

Under 10 17.5%
Aged 10-19 9%
20s 11.2%
30s 12.3%
40s 9.2%
50s 14.9%
60s 11%
70s 8.5%
80+ 6.2%

Best Schools In Griggsville, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Griggsville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Griggsville.


Pros And Cons Of Living In Griggsville, Illinois

How do you know that living in -- or moving to -- Griggsville is right where you need to be? Perhaps you grew up in Griggsville or already live nearby; therefore, the decision to buy a home in Griggsville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Griggsville for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Griggsville:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Griggsville.


Reasons To Move To Griggsville, Illinois, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Griggsville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Griggsville, meanwhile, can field multiple offers from more qualified buyers.

Griggsville, IL Foreclosures


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