Real Estate Investing in Granville, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 2,102 • Putnam County

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Should you buy in Granville, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 13.8% of homes vacant — above national norms.

What’s happening in Granville, IL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $179,069
Avg Monthly Rent $828
ZIP Codes 1

Investing in Granville Real Estate

With a sizable population across 1 ZIPs, Granville shows the kind of lackluster fundamentals that keep most out-of-state capital on the sidelines.

The investment case for Granville is difficult to make on screen data alone. a challenging fit for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Market conditions in Granville are muted. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

A an established population with $N/AK household income profile is what makes Granville a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Ottawa, IL

Granville is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$179,069
Avg Monthly Rent
$828
1% Rule
✗ Below
Landlord Friendly (IL)

📉 Market Crash Risk Index

Based on Ottawa, IL metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
58%
Days Pending
0/2
28 days

View all metro crash risk rankings →

⚖️ Balanced Market — Ottawa, IL metro
28
Days to pending
8.5%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Granville, IL

Screen every ZIP in Granville

Filter Granville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Granville, IL

Are homes affordable in Granville, IL?

Granville, IL home values average about $179K. That price point suits investors targeting rentals with $828/mo in monthly income.

How deep is the rental pool in Granville, IL?

The tenant pool in Granville, IL is solid, supported by local employment and population fundamentals. Rents of $828/mo are well-absorbed by the market.

Is Granville, IL good for house hacking?

House hacking in Granville, IL is a challenging. With home values around $179K and rents at $828/mo, owner-occupants can offset a meaningful share of PITI.

How much rent can I charge in Granville, IL?

Granville, IL rentals go for roughly $828/mo a month. That puts gross yield in solid territory relative to $179K acquisition costs.

Is real estate in Granville, IL a good investment right now?

Granville, IL rates 3.0/5 for investability. With median values at $179K and rents near $828/mo, the market offers reasonable fundamentals for rental investors.

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