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Grandwood Park, IL

Full City Profile · Illinois · Kenosha County County

4.0 /5.0
A Great
5,311 Population 3,663/sq mi density
$124,847 Median Income $65,335 per capita
$313,000 Home Value $404,725 Zillow
$1,797 Median Rent 35.6% income on rent
48°F Avg Temperature 261 sunny days/yr
48 Violent Crime/100K 365 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$124,847 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$313,000 home value, $1,797/mo rent
F
Safety
1.0 / 5.0
48 violent crimes/100K
A+
Education
5.0 / 5.0
59.1% bachelor's degree or higher

Housing Overview

Median Home Value
$313,000
11% above
US avg: $281,900
Median Rent
$1,797/mo
55% above
US avg: $1,163/mo
Homeownership Rate
86.8%
33% above US avg (65.4%)
Total Housing Units
2,137
Median year built: 1991

Home Value by Source

Census Median
$313,000
Zillow (ZHVI)
$404,725
Median Sale Price
$290,000
Median List Price
$587,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.8%
Owner-Occupied
13.2%
Renter-Occupied
87%
13%
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
Census median rent: $1,797/mo

Market Indicators (Redfin)

Median Days on Market
44 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$217
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
35.6%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
86.8%

Complete Housing Data

Home Values

Census Median Value$313,000
Zillow Home Value (ZHVI)$404,725
Median Sale Price$290,000
Median List Price$587,500
Price Per Sq Ft$217

Rent

Census Median Rent$1,797
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 Market44
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold3
Active Inventory11
Price Per Sq Ft$217

Ownership & Stock

Owner-Occupied86.8%
Renter-Occupied13.2%
Homeownership Rate86.8%
Total Housing Units2,137
Median Year Built1991
Rent Burden35.6%