Home prices
Grand Ridge's median home value is $108,300. Compared to its surrounding areas this is approximately $13,000 (13%) higher.Compared to the United States as a whole it is approximately $109,200 (50%) lower, and compared to the city of Chicago is about $149,700 (58%) lower.
Rents
The median rent in Grand Ridge is $1,042 a month. It is roughly $262 (33%) higher in comparison to its nearby areas.Compared to the country as a whole it is about $20 (1%) lower, and in comparison to the city of Chicago is roughly $70 (6%) lower.
Nearby places
Kangley
Kangley is approximately 6 miles south of Grand Ridge. Its housing prices are substantially less expensive. The median home in Kangley costs $77,900, which works out to $30,400 (39%) lower than Grand Ridge. Rents there are significantly less expensive. Kangley's median monthly rent is $638, which comes out to $404 (63%) lower than Grand Ridge.
Naplate
Naplate is roughly 6 miles north of Grand Ridge. Its real estate prices are a bit less expensive. The median home in Naplate costs $91,400, which works out to $16,900 (18%) lower than Grand Ridge. Rents there are a bit less expensive. In Naplate the median monthly rent is $853, which works out to $189 (22%) lower than Grand Ridge.
Streator
Streator is about 7 miles south of Grand Ridge. Real estate prices there are a lot less expensive. Streator's median home cost is $70,800, which works out to $37,500 (52%) lower than Grand Ridge. The rent there is a lot less expensive. The median monthly rent in Streator is $641, which is $401 (62%) lower than Grand Ridge.
Ottawa
Ottawa is about 7 miles north from Grand Ridge. Its housing prices are somewhat more expensive. The value of the median home in Ottawa is $128,000, which is $19,700 (15%) higher than Grand Ridge. Rents there are a little less expensive. The median rent in Ottawa is $819 per month, which works out to $223 (27%) lower than Grand Ridge.
Marseilles
Marseilles is about 8 miles northeast from Grand Ridge. Its housing prices are pretty similar. Marseilles's median home price is $108,400, which is very similar to Grand Ridge. Rents there are a little less expensive. In Marseilles the median rent is $949 per month, which works out to $93 (9%) lower than Grand Ridge.