Is Grant Park a buyer's or seller's market right now?

Grant Park is currently a seller's market with 2.5 months of supply. Homes are selling at 79.1% of list price. The Ridley Sell Score for Grant Park is 43/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Grant Park?

The median home price in Grant Park is $154,000, down 57.2% year-over-year. The median price per square foot is $127. Homes sell in a median of 88 days with a sale-to-list ratio of 79.1%.

How much does it cost to sell a home in Grant Park, Illinois?

On a $154,000 home in Grant Park, a traditional listing agent charges around $4,620 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $12,320 or more. With Ridley Essentials ($999) you save $3,621, and with Ridley Pro ($3,499) you save $1,121 while getting full agent support.

How does Ridley's flat fee compare to a traditional Grant Park agent?

A traditional Grant Park listing agent typically charges 3% of the sale price — about $4,620 on a $154,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $3,621–$1,121 compared to a traditional agent.

How long does it take to sell a home in Grant Park?

The median home in Grant Park currently spends 88 days on the market before going under contract, down 309% from last year. At a 79.1% sale-to-list ratio, sellers are seeing some negotiation. Only 40% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Illinois?

No. Illinois does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $154,000 home, that could save you up to $1,121.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Illinois. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $4,620 commission.

National/Illinois

Grant Park, IL

Is Now a Good Time to Sell in Grant Park, Illinois?

The median home in Grant Park sells for $154,000 with prices down 57.2% year-over-year. The average seller pays $4,620 in commissions — Ridley’s flat fee saves you $1,121.

Grant Park Real Estate Market Conditions — April 2026

43out of 100

Ridley Sell Score

How it's scored →

Cooling

43/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Grant Park market is cooling, and sellers need to be strategic. Price drops are common, so pricing accurately from the start is critical. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors sellers

2.5 months of supply — below the 5-month balanced threshold — 9% above the Illinois average of 2.3.

Price MomentumFavors buyers

Prices down 57.2% year-over-year — vs. +11.7% statewide.

Seller LeverageFavors buyers

Homes selling at 79.1% of asking — buyers are negotiating 20.9% below list. Illinois average is 96.8%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Illinois average of 22.8%.

Sale SpeedFavors buyers

88 median days on market — 13 days slower than the Illinois average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 25.8% statewide.

Price StabilityFavors buyers

40% of listings have dropped their price — accurate initial pricing is critical. Illinois average is 13.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$154,000

-57.2%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-309%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$127

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

79.1%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.5

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

40%

Price carefully

12-Month Price Trend

$217,000 → $154,000

▼29.0%

$200K$180K$160K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Grant Park — delivered monthly.

Your savings

How much can you save selling your home in Grant Park?

The average Grant Park homeowner saves $1,121 by selling with Ridley instead of paying the traditional 3% listing commission on a $154,000 home.

$0Estimated savings

That covers your moving costs — save 0.7% of your home value

Your Grant Park home value

$154,000

$50,000$10M

Traditional Agent (3%)

$4,620

Ridley Pro (flat fee)

$3,499

Ready to sell in Grant Park?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Grant Park?

The total cost to sell a house in Grant Park in 2026 ranges from $999 with Ridley Essentials to approximately $4,620 with a traditional 3% commission on a $154,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$4,620	$3,499	$999	$0
Buyer agent	$4,3122.8% avg	$3,080~2% avg	$3,080~2% avg	$4,3122.8% avg
Closing costs (~1.5%)	$2,310	$2,310	$2,310	$2,310
Total cost	$11,242	$8,889	$6,389	$6,622
Net proceeds	$142,758	$145,111	$147,611	$147,378
You save	—	$2,353	$4,853	$4,620No support