Similar to nearby areas, it's significantly less expensive compared to the US as a whole. However it's a little more expensive compared to the city of Rockford.
Home prices
The median home price in Granville is $106,300. This is roughly $2,720 (2%) lower in comparison to the surrounding areas.It is about $111,200 (51%) lower in comparison to the country as a whole, and compared to the city of Rockford is roughly $14,700 (16%) higher.
Rents
Granville's median rent is $694 a month. In comparison to other places in this area it is approximately $54 (8%) higher.It is roughly $368 (34%) lower compared to the United States as a whole, and compared to the city of Rockford is roughly $78 (10%) lower.
Nearby places
Mark
Mark is Granville's neighbor to the west. The housing prices there are somewhat more expensive. Mark's median home value is $117,900, which works out to $11,600 (9%) higher than Granville. The rent there is a bit more expensive. The median monthly rent in Mark is $758, which comes out to $64 (8%) higher than Granville.
Standard
Standard is about 2 miles east of Granville. Housing prices there are somewhat less expensive. Standard's median home price is $82,700, which works out to $23,600 (28%) lower than Granville. Rent there is a lot less expensive. In Standard the median rent is $400 a month, which is $294 (73%) lower than Granville.
Hennepin
Hennepin is approximately 4 miles west of Granville. Housing prices there are a bit more expensive. The value of the median home in Hennepin is $152,000, which comes out to $45,700 (30%) higher than Granville. Rent there is similar. Hennepin's median rent is $713 per month, which is $19 (2%) higher than Granville.
Cedar Point
Cedar Point is approximately 4 miles east from Granville. Housing prices there are a lot less expensive. The price of the median home in Cedar Point is $79,300, which is $27,000 (34%) lower than Granville. Rent there is somewhat more expensive. The median monthly rent in Cedar Point is $781, which works out to $87 (11%) higher than Granville.
Spring Valley
Spring Valley is roughly 4 miles north from Granville. Its housing prices are somewhat more expensive. The median home in Spring Valley is valued at $113,200, which is $6,900 (6%) higher than Granville. Rent there is somewhat less expensive. Spring Valley's median monthly rent is $547, which comes out to $147 (26%) lower than Granville.
