Is Granite City, IL 62040 a buyer’s or seller’s market?
Granite City is a seller’s market. With about 2.5 months of supply and 34% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score71/ 100
More competitive than 76% of U.S. ZIP codes, and #181 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.5Under 4 months = seller’s market
Sold above original list33.5%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$106▲ +3.3% vs. last year
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Nearby markets
Alhambra 62001Seller’s market $118 /sq ftAlton 62002Seller’s market $107 /sq ftBethalto 62010Seller’s market $141 /sq ftCollinsville 62234Seller’s market $127 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology