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Updated May 2026 · Redfin · 3-month window

62040 Real Estate Market Update: Granite City, IL, May 2026

The latest housing-market numbers for ZIP code 62040 in Granite City, Illinois, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 62040 · Granite City, IL · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$141K▲ +3.7%▲ +8.5%
Days on market45▼ -3.2%▲ +18.4%
Homes for sale102▲ +1.0%▼ -8.1%
Sale-to-list98.8%▲ +1.3%▲ +1.0%
Homes sold118▲ +3.5%▼ -22.9%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 62040 numbers say

Prices in Granite City's 62040 ZIP are still climbing. The median sale price reached $141,000, up 8.5% year over year. Pace is steady: a typical listing goes under contract in about 45 days, with sellers getting 98.8% of list price.

Based on 118 recent sales, 62040 is currently an active market.

What this means if you sell in 62040

Use these figures to set expectations early. Lead a listing appointment with the median price and the 45-day pace, show the year-over-year direction, and frame 62040 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 62040 housing market

What is the median home price in ZIP 62040 (Granite City, IL)?
As of May 2026, the median sale price in ZIP 62040 is $141,000 (+8.5% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 62040 a buyer's or seller's market right now?
ZIP 62040 is currently an active market, based on a 98.8% sale-to-list ratio, about 45 days on market for May 2026.
How long do homes take to sell in ZIP 62040?
A typical listing in 62040 goes under contract in about 45 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 62040 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/il/zip/62040/" rel="dofollow">62040 Granite City real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.