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Featured local agent — Poplar Grove, IL
Sarah Mitchell
Compass Real Estate · Poplar Grove, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Poplar Grove, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$296,973median sale price
How is the Poplar Grove, IL housing market right now?
The median home sale price in Poplar Grove, IL is $296,973, down 17.5% year-over-year. Homes sell in an average of 72 days with 13 active listings. The market is currently a leaning buyer's. (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 Poplar Grove a buyer's or seller's market?
Poplar Grove, IL is currently a leaning buyer's, based on 6.5 months of supply and homes selling in about 72 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
72
Average pace
Active listings
13
6.5 months supply
Sale-to-list
100.1%
Above asking
What does the Poplar Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $296,973 |
| Median list price | $325,000 |
| Year-over-year price change | -17.5% |
| Average days on market | 72 days |
| Active inventory | 13 listings |
| Months of supply | 6.5 months |
| Sale-to-list price ratio | 100.1% |
| Median price per sq ft | $154/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 11 |
| Listings with a price cut | 23.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Poplar Grove by property type?
How the Poplar 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 | $296,973 | $154/sq ft | 2 | 72 days |
| Condo / Co-op | $254,000 | $114/sq ft | 2 | 51 days |
Source: Redfin · Updated monthly
The Poplar Grove housing market is currently classified as a leaning buyer's with a median sale price of $296,973. Prices have fallen 17.5% compared to last year, with homes spending an average of 72 days on market, indicating 6.5 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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Poplar Grove
There are currently 13 homes listed for sale in Poplar Grove, Illinois. The median listing price is $325K.
Active listings
13
Homes on market
Median list price
$325K
Avg. days on market
72
Days until sale
New this week
11
Newly listed
Who lives in Poplar Grove?
Population
4,202
Median income
$93,409/yr
Median age
37.3 years
Owner-occupied
93.8%
College grads
25.7%
Avg commute
27.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Poplar Grove?
Zillow home value
$282,167
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Poplar Grove?
Poplar Grove is a community of approximately 4K residents with a median age of 37.3 years.The median household income is $93,409, which reflects a relatively affluent area with strong earning potential. 25.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 93.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Poplar Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Poplar Grove?
5 schools tracked · 1,332 students
The largest public schools serving Poplar 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.
North Boone High School
Grades 9-12 · 493 students
North Boone Middle School
Grades 7-8 · 250 students
Poplar Grove Elem School
Grades K-4 · 248 students
North Boone Upper Elem Sch
Grades 5-6 · 202 students
Manchester Elem School
Grades K-4 · 139 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 Poplar Grove, IL?
Want a head-to-head view? Compare Poplar 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 Poplar Grove?
The median home sale price in Poplar Grove is $296,973, down 17.5% from last year.
How long do homes stay on market in Poplar Grove?
Homes typically spend 72 days on market before going under contract.
What is the median income in Poplar Grove?
The median household income is $93,409 per year.
Is Poplar Grove a buyer's or seller's market?
With 6.5 months of supply, Poplar Grove is currently a leaning buyer's.
What is the Zillow home value estimate for Poplar Grove?
The Zillow Home Value Index (ZHVI) for Poplar Grove is $282,167, representing the typical home value in the area.
What is the median condo price in Poplar Grove?
The median condo/co-op sale price in Poplar Grove, IL is $254,000, compared to $296,973 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Poplar Grove?
The median single-family home price in Poplar Grove, IL is $296,973 (about $154 per square foot).
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