Housing Prices in Groveland, IL

How much do homes in Groveland, IL cost?

Median List Price

$274,900

$119/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$55,000(+25.0%)

Key Takeaway

The list price of homes in Groveland has increased by 25% since last year.

Summary: The median home list price in Groveland was $274,900 in March 2024, up 25% from the previous year, and the median price per square foot was $119.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $124.9K$110K
-11.9%
3 $171.2K$214.9K
+25.5%
4 $320K$284.9K
-11.0%
5+ $417.4K$584.9K
+40.1%

Summary: Groveland 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 11.9%, 3 bedroom homes increased by 25.5%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 40.1%.

Median List Price Compared To Nearby Cities

Elm Grove Township
+28.2%
Groveland
+25.0%
Groveland Township
+16.2%
Morton
+9.2%
Morton Township
+9.0%

Housing Supply in Groveland, IL

How many homes are available in Groveland, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
310+233.3%

Summary: The Groveland real estate market had 10 homes for sale in March 2024, a 233.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 25
+150.0%
4 14
+300.0%
5+ 01
+100.0%

Summary: The Groveland 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 increased by 150%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 100%.

Days on Market for Groveland, IL

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

Average Listing Age

Mar 2023Mar 2024CHANGE
48 Days23 Days-52.1%

Summary: Homes in Groveland had an average listing age of 23 days in Mar 2024, down by 52.1% compared to the previous year.

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

Report Updated 26 Days Ago

Newest Listings in Groveland, IL

Nearby Markets to Groveland, IL

What housing markets are near Groveland, IL?