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Featured local agent — Leland Grove, IL
Sarah Mitchell
Compass Real Estate · Leland Grove, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Leland Grove, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$475,000median sale price
How is the Leland Grove, IL housing market right now?
The median home sale price in Leland Grove, IL is $475,000, down 7.5% year-over-year. Homes sell in an average of 16 days with 5 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Leland Grove a buyer's or seller's market?
Leland Grove, IL is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
16
Fast-moving
Active listings
5
1.7 months supply
Sale-to-list
100.9%
Above asking
What does the Leland Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $475,000 |
| Median list price | $312,500 |
| Year-over-year price change | -7.5% |
| Average days on market | 16 days |
| Active inventory | 5 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 100.9% |
| Median price per sq ft | $174/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 6 |
| Listings with a price cut | 20.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Leland Grove by property type?
How the Leland Grove, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $475,000 | $174/sq ft | 3 | 16 days |
| Condo / Co-op | $245,000 | $56/sq ft | 1 | 2 days |
| Townhouse | $252,000 | $123/sq ft | 1 | 84 days |
Source: Redfin · Updated monthly
The Leland Grove housing market is currently classified as a strong seller's market with a median sale price of $475,000. Prices have fallen 7.5% compared to last year, with homes spending an average of 16 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Leland Grove
There are currently 5 homes listed for sale in Leland Grove, Illinois. The median listing price is $313K.
Active listings
5
Homes on market
Median list price
$313K
Avg. days on market
16
Days until sale
New this week
6
Newly listed
Who lives in Leland Grove?
Population
1,595
Median income
$126,944/yr
Median age
52.2 years
Owner-occupied
95.2%
College grads
67.1%
Avg commute
14.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Leland Grove?
Zillow home value
$338,291
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Leland Grove?
Leland Grove is a community of approximately 2K residents with a median age of 52.2 years.The median household income is $126,944, which reflects a relatively affluent area with strong earning potential. 67.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 95.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 14.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Leland Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Leland Grove, IL?
Want a head-to-head view? Compare Leland Grove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Leland Grove?
The median home sale price in Leland Grove is $475,000, down 7.5% from last year.
How long do homes stay on market in Leland Grove?
Homes typically spend 16 days on market before going under contract.
What is the median income in Leland Grove?
The median household income is $126,944 per year.
Is Leland Grove a buyer's or seller's market?
With 1.7 months of supply, Leland Grove is currently a strong seller's market.
What is the Zillow home value estimate for Leland Grove?
The Zillow Home Value Index (ZHVI) for Leland Grove is $338,291, representing the typical home value in the area.
What is the median condo price in Leland Grove?
The median condo/co-op sale price in Leland Grove, IL is $245,000, compared to $475,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Leland Grove?
The median single-family home price in Leland Grove, IL is $475,000 (about $174 per square foot).
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