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Braceville, IL

Full City Profile · Illinois · Grundy County County

3.0 /5.0
B Good
890 Population 286/sq mi density
$70,278 Median Income $32,477 per capita
$176,400 Home Value $216,646 Zillow
49°F Avg Temperature 275 sunny days/yr
148 Violent Crime/100K 890 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$70,278 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$176,400 home value, /mo rent
F
Safety
1.0 / 5.0
148 violent crimes/100K
D
Education
1.8 / 5.0
10.0% bachelor's degree or higher

Housing Overview

Median Home Value
$176,400
37% below
US avg: $281,900
Homeownership Rate
88.5%
35% above US avg (65.4%)
Total Housing Units
283
Median year built: 1971

Home Value by Source

Census Median
$176,400
Zillow (ZHVI)
$216,646
Median Sale Price
$300,000
Median List Price
$169,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.5%
Owner-Occupied
11.5%
Renter-Occupied
89%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo

Market Indicators (Redfin)

Median Days on Market
94 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$117
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
17.7%
of renters spending 30%+ of income on housing
43% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
88.5%

Complete Housing Data

Home Values

Census Median Value$176,400
Zillow Home Value (ZHVI)$216,646
Median Sale Price$300,000
Median List Price$169,900
Price Per Sq Ft$117

Rent

FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market94
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$117

Ownership & Stock

Owner-Occupied88.5%
Renter-Occupied11.5%
Homeownership Rate88.5%
Total Housing Units283
Median Year Built1971
Rent Burden17.7%