Spring Grove, IL

Balanced market+15.2% YoY

Housing market overview · Updated weekly

$497,500median sale price

Homes sold

6

Last 12 weeks

Days on market

161

Average pace

Active listings

16

2.7 months supply

Sale-to-list

97.5%

Below asking

The Spring Grove housing market is currently classified as a balanced market with a median sale price of $497,500. Prices have risen 15.2% compared to last year, with homes spending an average of 161 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Spring Grove

There are currently 16 homes listed for sale in Spring Grove, Illinois. The median listing price is $650K.

Active listings

16

Homes on market

Median list price

$650K

Avg. days on market

161

Days until sale

New this week

5

Newly listed

Price drops:25.0%of listings
Sale-to-list:97.5%

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Frequently asked questions

What is the average home price in Spring Grove?

The median home sale price in Spring Grove is $497,500, up 15.2% from last year.

How long do homes stay on market in Spring Grove?

Homes typically spend 161 days on market before going under contract.

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

With 2.7 months of supply, Spring Grove is currently a balanced market.

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