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Median sale price
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ZIP 62040 in Granite City, IL: housing market trends

The median home sale price in ZIP 62040 in Granite City, IL was $146,457 for the three-month period ending September 2026. Sale prices were 6.8% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$146,457
three-month period ending September 2026
Median sale price per sq ft
$111.42
three-month period ending September 2026
Active listings
299
three-month period ending September 2026
Typical monthly rent
$1,123
Rent index · August 2026

How is housing inventory changing?

There were 299 active listings for the three-month period ending September 2026. Active listings were 6.0% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 34 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 62040 in Granite City, IL
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$146,457$111.42155
Single-familySeptember 2026$146,963$111.94152
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026$125,000$63.653 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 62040 in Granite City, IL
MarketMedian sale priceReporting period / source
Granite City, IL$127,000Month ending July 2026 · Zillow
Madison, IL$70,4663 months ending September 2026 · Redfin
Pontoon Beach, IL$200,9043 months ending September 2026 · Redfin
Fairmont City, IL$44,9793 months ending September 2026 · Redfin
Venice, IL$104,9503 months ending August 2026 · Redfin
Collinsville, IL$189,9103 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 62040 in Granite City, IL
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$146,457$111.42299
August 2026$145,500$106.48303
July 2026$147,000$105.36292
June 2026$147,000$101.46275
May 2026$141,000$99.46242
April 2026$137,000$97.23226
March 2026$120,000$95.69227
February 2026$125,000$99.15237
January 2026$130,500$99.55233
December 2025$146,500$103.73256
November 2025$140,000$101.73285
October 2025$139,000$102.82273
September 2025$137,167$106.84282
August 2025$140,000$102.34276
July 2025$140,000$97.34294
June 2025$130,000$92.86303
May 2025$129,250$91.29305
April 2025$120,000$98.09263
March 2025$120,000$95.94252
February 2025$120,000$89.78233
January 2025$125,667$88.23246
December 2024$125,333$87.75251
November 2024$128,000$96.26277
October 2024$125,500$97.02283

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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