Market Overview
Home Prices in Griggsville, IL
The median home value in Griggsville, IL is $113,742 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 7.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Griggsville are priced72% below average.
Price History
Griggsville Home Price Trend
2024
$100,692
$101K
—
2025
$108,388
$108K
+7.6%
2026
$113,742
$114K
+4.9%
City Comparison
Griggsville vs. National Median
🏠 Griggsville
$113,742
National Median
$410,000
At $113,742, homes in Griggsville cost 72% below the national median of $410,000. This makes Griggsville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Griggsville?
20% Down Payment
$22,748
on $113,742
Monthly P&I
$593/mo
30-yr @ 6.8%
Total Monthly Est.
~$753/mo
incl. taxes & insurance
Income Needed
$30,120
gross annual (30% rule)
10% Down Option
$11,374
+ PMI applies
Loan Amount (20% dn)
$90,994
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Griggsville, IL?
The median home value in Griggsville is $113,742 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Griggsville?
Over the past year, home values in Griggsville have increased by 4.9%.
How much do I need to earn to buy a home in Griggsville?
To comfortably afford the median home price of $113,742 with a 20% down payment ($22,748) at today's rates (6.8%), you'd need a gross annual income of approximately $30,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Griggsville compare to the national average home price?
The national median home value is approximately $410,000. At $113,742, homes in Griggsville are 72% below the national average.