Housing Prices in Franklin Grove, IL

How much do homes in Franklin Grove, IL cost?

Median List Price

$159,900

$82/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$30,000(+23.1%)

Key Takeaway

The list price of homes in Franklin Grove has increased by 23.1% since last year.

Summary: The median home list price in Franklin Grove was $159,900 in March 2024, up 23.1% from the previous year, and the median price per square foot was $82.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $104.9K$82.9K
-20.9%
3 $152.4K$147.4K
-3.3%
4 $81.9K$159.9K
+95.0%
5+ -$569.5K
N/A

Summary: Franklin Grove housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 95%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Franklin Grove
+23.1%
Franklin Grove Township
+23.1%

Housing Supply in Franklin Grove, IL

How many homes are available in Franklin Grove, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
12+100.0%

Summary: The Franklin Grove real estate market had 2 homes for sale in March 2024, a 100.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Franklin Grove housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Franklin Grove, IL

How long does it take to sell a home in Franklin Grove, IL?

Average Listing Age

Mar 2023Mar 2024CHANGE
80 Days113 Days+41.9%

Summary: Homes in Franklin Grove had an average listing age of 113 days in Mar 2024, up by 41.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Franklin Grove, IL

Nearby Markets to Franklin Grove, IL