Channahon, IL · Market Data

Channahon, Illinois real estate market data.

Real estate market data for Channahon, IL (Grundy County) — Census median home value $298,000, county listing prices down about 6.1% over the past year.

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Channahon, IL is in Grundy County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 13,854, with a median household income of $121,458. Census data puts Channahon's median home value at $298,000 (all owner-occupied homes); Grundy County's current median listing price runs $379,068, down about 6.1% over the past year.

At a glance

Channahon market snapshot

Population

13,854

Median Household Income

$121,458

Median Home Value (city)

$298,000

Median Listing Price (Grundy County)

$379,068

Median Gross Rent

$1,718/mo

Price Trend (YoY)

-6.1%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Channahon

What makes Channahon different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Channahon's median home value — across all owner-occupied homes, not just recent sales — at $298,000. Separately, Grundy County's current median listing price (via Realtor.com data, 2026-06-01) runs $379,068. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Grundy County's FHFA house price index shows a 6.71% annual change in 2025.

Population & Income

Channahon has an estimated population of 13,854 and a median household income of $121,458, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Channahon's Census-reported median home value works out to about 2.5x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Channahon FAQ

What are home values like in Channahon, IL?

The Census Bureau's American Community Survey puts Channahon's median home value at $298,000. Grundy County's current median listing price runs $379,068, down about 6.1% over the past year.

What is the population of Channahon, IL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Channahon's population at approximately 13,854.

What's the median rent in Channahon, IL?

The Census ACS estimates median gross rent in Channahon at approximately $1,718 per month.

What is the median household income in Channahon, IL?

Census ACS data puts the median household income in Channahon at approximately $121,458.

Is the Channahon housing market growing?

Grundy County's FHFA house price index shows a 6.71% annual change in 2025.

Is Channahon, IL affordable relative to income?

Census ACS data puts Channahon's median home value at about 2.5 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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