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Featured local agent — Long Grove, IL

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Long Grove, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Long Grove, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Long Grove, IL Housing Market & Real Estate

Balanced market-16.4% YoY

Housing market overview · Updated monthly ·

$878,000median sale price

How is the Long Grove, IL housing market right now?

The median home sale price in Long Grove, IL is $878,000, down 16.4% year-over-year. Homes sell in an average of 62 days with 29 active listings. The market is currently a balanced 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 Long Grove a buyer's or seller's market?

Balanced market4.1 months of supply62 avg. days on market

Long Grove, IL is currently a balanced market, based on 4.1 months of supply and homes selling in about 62 days. How we determine this →

Homes sold

7

Last 12 weeks

Days on market

62

Average pace

Active listings

29

4.1 months supply

Sale-to-list

101.8%

Above asking

What does the Long Grove housing market data show?

Current housing market statistics for Long Grove, IL
MetricValue
Median sale price$878,000
Median list price$1.02M
Year-over-year price change-16.4%
Average days on market62 days
Active inventory29 listings
Months of supply4.1 months
Sale-to-list price ratio101.8%
Median price per sq ft$267/sq ft
Homes sold (latest month)7
New listings (latest month)17
Listings with a price cut17.2%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Long Grove by property type?

How the Long Grove, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Long Grove, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$878,000$267/sq ft762 days
Townhouse$230,000$164/sq ft190 days

Source: Redfin · Updated monthly

The Long Grove housing market is currently classified as a balanced market with a median sale price of $878,000. Prices have fallen 16.4% compared to last year, with homes spending an average of 62 days on market, indicating 4.1 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 4.1x provides context for how home values compare to local earning capacity.

Homes for sale in Long Grove

There are currently 29 homes listed for sale in Long Grove, Illinois. The median listing price is $1.0M.

Active listings

29

Homes on market

Median list price

$1.0M

Avg. days on market

62

Days until sale

New this week

17

Newly listed

Price drops:17.2%of listings
Sale-to-list:101.8%

Who lives in Long Grove?

Population

8,266

Median income

$235,368/yr

Median age

48.8 years

Owner-occupied

96.7%

College grads

73.8%

Avg commute

32 min

Source: U.S. Census Bureau ACS

What are homes worth in Long Grove?

Zillow home value

$969,157

Price-to-income

4.1x

Source: Zillow Research

What is it like to live in Long Grove?

Long Grove is a community of approximately 8K residents with a median age of 48.8 years.The median household income is $235,368, which reflects a relatively affluent area with strong earning potential. 73.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 96.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 32 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Long Grove offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Long Grove?

3 schools tracked · 1,540 students

The largest public schools serving Long Grove, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Woodlawn Middle School

Grades 6-8 · 662 students

Public

Kildeer Countryside Elem School

Grades 1-5 · 460 students

Public

Country Meadows Elem School

Grades 1-5 · 418 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Long Grove, IL?

Want a head-to-head view? Compare Long 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 Long Grove?

The median home sale price in Long Grove is $878,000, down 16.4% from last year.

How long do homes stay on market in Long Grove?

Homes typically spend 62 days on market before going under contract.

What is the median income in Long Grove?

The median household income is $235,368 per year.

Is Long Grove a buyer's or seller's market?

With 4.1 months of supply, Long Grove is currently a balanced market.

What is the Zillow home value estimate for Long Grove?

The Zillow Home Value Index (ZHVI) for Long Grove is $969,157, representing the typical home value in the area.

How much does a single-family home cost in Long Grove?

The median single-family home price in Long Grove, IL is $878,000 (about $267 per square foot).

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