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Featured local agent — Pingree Grove, IL
Sarah Mitchell
Compass Real Estate · Pingree Grove, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pingree Grove, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$375,000median sale price
How is the Pingree Grove, IL housing market right now?
The median home sale price in Pingree Grove, IL is $375,000, up 0.5% year-over-year. Homes sell in an average of 65 days with 88 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 Pingree Grove a buyer's or seller's market?
Pingree Grove, IL is currently a balanced market, based on 3.3 months of supply and homes selling in about 65 days. How we determine this →
Homes sold
27
Last 12 weeks
Days on market
65
Average pace
Active listings
88
3.3 months supply
Sale-to-list
100.2%
Above asking
What does the Pingree Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $375,000 |
| Median list price | $355,445 |
| Year-over-year price change | +0.5% |
| Average days on market | 65 days |
| Active inventory | 88 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $202/sq ft |
| Homes sold (latest month) | 27 |
| New listings (latest month) | 37 |
| Listings with a price cut | 22.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Pingree Grove by property type?
How the Pingree 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 | $427,950 | $194/sq ft | 10 | 55 days |
| Condo / Co-op | $292,000 | $219/sq ft | 1 | 100 days |
| Townhouse | $341,990 | $207/sq ft | 16 | 73 days |
Source: Redfin · Updated monthly
The Pingree Grove housing market is currently classified as a balanced market with a median sale price of $375,000. Prices have risen 0.5% compared to last year, with homes spending an average of 65 days on market, indicating 3.3 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 3.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Pingree Grove
There are currently 88 homes listed for sale in Pingree Grove, Illinois. The median listing price is $355K.
Active listings
88
Homes on market
Median list price
$355K
Avg. days on market
65
Days until sale
New this week
37
Newly listed
Who lives in Pingree Grove?
Population
10,576
Median income
$119,880/yr
Median age
37.7 years
Owner-occupied
98.2%
College grads
44.7%
Avg commute
32.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Pingree Grove?
Zillow home value
$376,660
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Pingree Grove?
Pingree Grove is a community of approximately 11K residents with a median age of 37.7 years.The median household income is $119,880, which reflects a relatively affluent area with strong earning potential. 44.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 98.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Pingree Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pingree Grove?
1 schools tracked · 620 students
The largest public schools serving Pingree 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.
Cambridge Lakes Charter School
Grades K-12 · 620 students
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 Pingree Grove, IL?
Want a head-to-head view? Compare Pingree 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 Pingree Grove?
The median home sale price in Pingree Grove is $375,000, up 0.5% from last year.
How long do homes stay on market in Pingree Grove?
Homes typically spend 65 days on market before going under contract.
What is the median income in Pingree Grove?
The median household income is $119,880 per year.
Is Pingree Grove a buyer's or seller's market?
With 3.3 months of supply, Pingree Grove is currently a balanced market.
What is the Zillow home value estimate for Pingree Grove?
The Zillow Home Value Index (ZHVI) for Pingree Grove is $376,660, representing the typical home value in the area.
What is the median condo price in Pingree Grove?
The median condo/co-op sale price in Pingree Grove, IL is $292,000, compared to $427,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Pingree Grove?
The median single-family home price in Pingree Grove, IL is $427,950 (about $194 per square foot).
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