Gridley, Illinois, is a small, charming village located in McLean County, with a population of around 1,400 residents. Nestled in the heart of Central Illinois, Gridley embodies the quintessential small-town American spirit, offering a peaceful, close-knit community atmosphere. The village is known for its rich agricultural heritage, with vast farmlands surrounding the area, contributing to its economy and rural charm. Gridley hosts community events like the annual Gridley Days festival, which brings residents together for parades, food, and local entertainment, fostering a strong sense of togetherness. With its proximity to larger cities like Bloomington and Normal, Gridley provides a quiet retreat while still offering access to modern amenities.
Gridley currently has 4 single family homes for sale with an average list price of $213,725. The average annual property tax for Gridley is $2,898.99.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Gridley, i.e. what's hot and what's not.
See What's Hot & What's Not in GridleyGridley home sales for the month of July rose in volume by 50% when compared to last year, while the median sale price decreased by 7.3% from $204,950 to $190,000. House sales stayed the same, while the median sale price rose by 2.5% from $204,950 to $210,025. Condo sales stayed the same, while the median sale price stayed the same.
30
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21
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23
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20
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2021 | 2022 | 2023 | 2024 |
# of sales per year |
$123,250
|
$130,000
|
$143,000
|
$167,450
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |