Unshakable ZIP Data 62040 | Granite City, IL Housing Market
Granite City · Madison County · St. Louis, MO-IL metro · Illinois · Data updated June 19, 2026
The median sale price in ZIP 62040, Granite City, Illinois is $140,958 at $100 per square foot. 121 single-family homes sold in the latest period, down 20.6 percent from a year earlier. Homes sit a median of 44 days on market with 2.8 months of supply. Sellers are getting 98.8 percent of list price and 30.5 percent of homes sold above asking.
Balanced market.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $123,861 | |
| Average price per sq ft | $88 | |
| Median sale price | $140,958 | |
| Median sale price per sq ft | $100 | |
| Median home size | 1,404 sq ft | |
| Median new listing price | $138,714 | +15.7% |
| National size rank | 1,915 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 121 | -20.6% |
| Median days on market | 44 days | |
| Months of supply | 2.8 months | |
| New listings | 151 | -29.0% |
| Active listings | 244 | -19.7% |
| Pending sales | 143 | -19.3% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 98.8% | +1.0 pts |
| Share sold above list | 30.5% | -0.2 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
1-bedroom
$67,196
2-bedroom
$89,276
3-bedroom
$142,011
4-bedroom
$169,560
5-bedroom
$150,895
These figures describe the single-family market for Granite City, Illinois ZIP 62040. They are market context, not a substitute for sold comps or a formal appraisal.