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Illinois Valley Times

Wednesday, April 9, 2025

The second half of 2020: Home prices in Granville increased

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Adobe Stock

The median sale price of a home sold in the second half of 2020 in Granville rose by $29,000 while total sales increased by 66.7%, according to BlockShopper.com.

From July through December of 2020, there were five homes sold, with a median sale price of $124,000 - a 30.5% increase over the $95,000 median sale price for the same period of the previous year. There were three homes sold in Granville in the second half of 2019.

The median sales tax in Granville for the most recent year with available data, 2019, was $1,779, approximately 1.4% of the median home sale price for the second half of 2020.

The following table compares Granville to other Putnam County cities in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
McNabb21100%$147,950$59,900147%
Granville5366.7%$124,000$95,00030.5%
Hennepin52150%$95,000$157,500-39.7%
Standard21100%$78,500$37,500109.3%
Mark40-$77,500$0-
Magnolia3250%$25,000$129,500-80.7%

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