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Illinois Valley Times

Saturday, August 2, 2025

Home prices decreased in Grand Ridge during 2021

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Adobe Stock

The median sale price of a home sold in 2021 in Grand Ridge fell by $10,750 while total sales increased by 40%, according to BlockShopper.com.

From January through December of 2021, there were 14 homes sold, with a median sale price of $107,500 - a 9.1% decrease over the $118,250 median sale price for the previous year. There were 10 homes sold in Grand Ridge in 2020.

The median sales tax in Grand Ridge for the most recent year with available data, 2018, was $2,525, approximately 2.3% of the median home sale price for 2021.

The following table compares Grand Ridge to other LaSalle County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Tonica1014-28.6%$140,000$104,25034.3%
Earlville664450%$139,500$129,0008.1%
Ottawa46141411.4%$136,000$132,7502.4%
Peru1761638%$116,000$95,50021.5%
Mendota15010247.1%$110,500$100,00010.5%
Grand Ridge141040%$107,500$118,250-9.1%
Oglesby836723.9%$105,000$110,000-4.5%
Lostant14875%$85,250$80,0006.6%
LaSalle18213138.9%$84,250$93,000-9.4%
Ransom94125%$81,000$85,000-4.7%
Streator31421645.4%$71,250$60,00018.8%

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