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Luna Realty Group
Market report, updated
62040 Home Values and Market Report
Search in the zip of 62040
Market at a glance
Over the last 12 months, homes sold for 98.7% of list price in 73 days on average.
Average price, last 12 months
What sellers asked vs. what homes actually sold for, by closing month.
Homes sold per month
Closed sales, last 12 months.
Peak: 59 sales in Aug. Last month: 45.
Where the market stands
All homes in this report, by status.
Buyer's or seller's market?
Months it would take to sell every active home at the pace of the last 6 months.
Supply and demand are roughly in balance in this market.
Average price by status
Average days on market
Browse homes by status
Choose a status to see its numbers, charts and listings.
Active homes
Currently for salePrice vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
37 homes didn’t report living area and aren’t shown.
1 home is larger or pricier than this chart’s scale and isn’t shown.
How long homes have been listed
Number of homes by days on market.
2 homes didn’t report days on market and aren’t shown.
Bedroom mix
Number of homes by bedroom count.
48 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes in this status.
All active listings
205 of 206 homes have a map location. Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
|---|---|---|---|---|---|---|
| 516 Margaret AveGranite City, IL 62040 | 3 | 1 | — | $135,000 | — | — |
| 2109 Clark AveGranite City, IL 62040 | 4 | 2 | 1,983 | $275,000 | $138 | 0 days |
| 2541 Center StGranite City, IL 62040 | 2 | 1 | 720 | $74,900 | $104 | — |
| 1004 W Pontoon RdGranite City, IL 62040 | 2 | 1 | 1,039 | $140,000 | $134 | 0 days |
| 2636 Center StGranite City, IL 62040 | 2 | 1 | 899 | $114,900 | $127 | 2 days |
| 2016 Manley AveGranite City, IL 62040 | 2 | 1 | 1,008 | $152,000 | $150 | 2 days |
| 22 Hanson DrGranite City, IL 62040 | 3 | 2 | 1,400 | $210,000 | $150 | 2 days |
| 2559 Benton StGranite City, IL 62040 | 2 | 1 | 1,052 | $110,000 | $104 | 2 days |
| 213 Briarwood DrGranite City, IL 62040 | 3 | 1 | 1,356 | $150,000 | $110 | 2 days |
| 2725 Saratoga StGranite City, IL 62040 | 2 | 1 | 864 | $125,000 | $144 | 1 day |
Under contract homes
Pending and contingent salesPrice vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
1 home didn’t report living area and isn’t shown.
Days on market before going under contract
Number of homes by days on market.
Bedroom mix
Number of homes by bedroom count.
2 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes in this status.
All under contract listings
Every home in this list is on the map. Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
|---|---|---|---|---|---|---|
| 2701 W 22nd StGranite City, IL 62040 | 3 | 1 | 1,054 | $125,000 | $118 | 12 days |
| 2423 Benton StGranite City, IL 62040 | 3 | 1 | 1,193 | $145,000 | $121 | 14 days |
| 1557 Rodger AveGranite City, IL 62040 | 3 | 1 | 1,409 | $165,000 | $117 | 18 days |
| 2519 Cleveland BlvdGranite City, IL 62040 | 3 | 3 | 1,600 | $64,000 | $40 | 20 days |
| 2447 Waterman AveGranite City, IL 62040 | 2 | 1 | 1,344 | $90,000 | $66 | 20 days |
| 1 Violet AveGranite City, IL 62040 | 3 | 1 | 925 | $130,000 | $140 | 22 days |
| 42 Villa DrGranite City, IL 62040 | 3 | 1 | 1,525 | $185,000 | $121 | 25 days |
| 2226 Adams StGranite City, IL 62040 | 3 | 1 | 1,318 | $45,000 | $34 | 28 days |
| 3032 Dale AveGranite City, IL 62040 | 3 | 1 | 944 | $94,900 | $100 | 40 days |
| 1742 Poplar StGranite City, IL 62040 | 2 | 1 | 1,314 | $110,000 | $83 | 40 days |
Sold homes
Closed in the last 12 monthsPrice vs. living area
Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.
17 homes didn’t report living area and aren’t shown.
How long homes took to sell
Number of homes by days on market.
2 homes didn’t report days on market and aren’t shown.
Bedroom mix
Number of homes by bedroom count.
29 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes among the newest.
Sold price vs. list price
How close homes sold to their asking price.
All sold listings (515)
The map shows the 250 newest homes with a location. Click a marker for the home.
| Address | Beds | Baths | Living ft² | Sold price | Sold / list | $ / ft² | Days to sell | Sold date |
|---|---|---|---|---|---|---|---|---|
| 646 Margaret AveGranite City, IL 62040 | 3 | 1 | 960 | $142,000 | 103.3% | $147 | 53 days | Nov 13, 2026 |
| 2833 Palmer AveGranite City, IL 62040 | 2 | 1 | 884 | $82,000 | 91.2% | $92 | 24 days | Nov 12, 2026 |
| 2732 Willow AveGranite City, IL 62040 | 2 | 1 | 840 | $110,000 | 100.0% | $130 | 31 days | Nov 12, 2026 |
| 1640 Venice AveGranite City, IL 62040 | 2 | 2 | 1,522 | $156,000 | 94.5% | $102 | 74 days | Nov 9, 2026 |
| 4940 Redwood LnGranite City, IL 62040 | 3 | 2 | 1,104 | $24,000 | 80.0% | $21 | 44 days | Nov 6, 2026 |
| 2704 Myrtle AveGranite City, IL 62040 | 2 | 1 | 1,000 | $80,000 | 100.0% | $80 | 44 days | Nov 6, 2026 |
| 15 Briarcliff DrGranite City, IL 62040 | 4 | 2 | 1,318 | $81,000 | 117.4% | $61 | 49 days | Nov 6, 2026 |
| 2659 State StGranite City, IL 62040 | 4 | 4 | 2,535 | $209,000 | 104.6% | $82 | 61 days | Nov 6, 2026 |
| 3300 Colgate PlGranite City, IL 62040 | 3 | 2 | 1,452 | $207,000 | 99.0% | $142 | 62 days | Nov 6, 2026 |
| 3161 Carlson AveGranite City, IL 62040 | 2 | 2 | 1,384 | $148,000 | 102.1% | $106 | 73 days | Nov 2, 2026 |
Questions about this market?
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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.
Next steps
Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.