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Featured local agent — Spring Grove, IL
Sarah Mitchell
Compass Real Estate · Spring Grove, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spring Grove, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$606,650median sale price
How is the Spring Grove, IL housing market right now?
The median home sale price in Spring Grove, IL is $606,650, up 16.4% year-over-year. Homes sell in an average of 37 days with 15 active listings. The market is currently a 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 Spring Grove a buyer's or seller's market?
Spring Grove, IL is currently a seller's market, based on 3.8 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
37
Average pace
Active listings
15
3.8 months supply
Sale-to-list
103.2%
Above asking
What does the Spring Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $606,650 |
| Median list price | $575,000 |
| Year-over-year price change | +16.4% |
| Average days on market | 37 days |
| Active inventory | 15 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 103.2% |
| Median price per sq ft | $246/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 8 |
| Listings with a price cut | 40.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Spring Grove by property type?
How the Spring 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 | $606,650 | $246/sq ft | 4 | 37 days |
Source: Redfin · Updated monthly
The Spring Grove housing market is currently classified as a seller's market with a median sale price of $606,650. Prices have risen 16.4% compared to last year, with homes spending an average of 37 days on market, indicating 3.8 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 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Spring Grove
There are currently 15 homes listed for sale in Spring Grove, Illinois. The median listing price is $575K.
Active listings
15
Homes on market
Median list price
$575K
Avg. days on market
37
Days until sale
New this week
8
Newly listed
Who lives in Spring Grove?
Population
5,866
Median income
$133,224/yr
Median age
38.9 years
Owner-occupied
97.1%
College grads
41.8%
Avg commute
33.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Spring Grove?
Zillow home value
$425,027
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Spring Grove?
Spring Grove is a community of approximately 6K residents with a median age of 38.9 years.The median household income is $133,224, which reflects a relatively affluent area with strong earning potential. 41.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 97.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Spring Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Spring Grove?
2 schools tracked · 686 students
The largest public schools serving Spring 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.
Lotus School
Grades PK-4 · 361 students
Spring Grove Elementary School
Grades PK-5 · 325 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 Spring Grove, IL?
Want a head-to-head view? Compare Spring 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 Spring Grove?
The median home sale price in Spring Grove is $606,650, up 16.4% from last year.
How long do homes stay on market in Spring Grove?
Homes typically spend 37 days on market before going under contract.
What is the median income in Spring Grove?
The median household income is $133,224 per year.
Is Spring Grove a buyer's or seller's market?
With 3.8 months of supply, Spring Grove is currently a seller's market.
What is the Zillow home value estimate for Spring Grove?
The Zillow Home Value Index (ZHVI) for Spring Grove is $425,027, representing the typical home value in the area.
How much does a single-family home cost in Spring Grove?
The median single-family home price in Spring Grove, IL is $606,650 (about $246 per square foot).
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