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Featured local agent — Trout Valley, IL
Sarah Mitchell
Compass Real Estate · Trout Valley, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Trout Valley, IL Housing Market
The typical home in Trout Valley, IL is worth $578,534, rose 7.5% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $790,000 (through May 2026). With 0.5 months of supply and homes going under contract in about 66 days, Trout Valley is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $578,534 home is about $2,974/mo in principal and interest.
Key numbers for Trout Valley, IL
Typical home value
$578,534
+7.5% in 12 months
Zillow, July 2026
Median sale price
$790,000
Last published period
Redfin, through October 2025
Days on market
66
Slow-moving
Redfin, through October 2025
Active listings
1
0.5 months of supply
Redfin, through October 2025
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$211,563
Home costs 2.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
101.1%
Selling above asking
Redfin, through October 2025
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Trout Valley a buyer's or seller's market?
Trout Valley, IL is a seller's market, based on 0.5 months of supply and homes selling in about 66 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Trout Valley housing market data show?
Every row below is Redfin's final published month for Trout Valley, IL. Redfin, through October 2025
| Metric | Value |
|---|---|
| Median sale price | $790,000 |
| Median price per sq ft | $180/sq ft |
| Median days on market | 66 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 101.1% |
| Homes sold (that month) | 2 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Trout Valley is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Trout Valley is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Trout Valley home prices moved?
Across the 26 months we hold for Trout Valley, IL, the median sale price rose 103.3%, from $388,500 in April 2021 to $790,000. The live Zillow value series has rose 7.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 0.5 months while the sale-to-list ratio slips below its current 101.1%. Watch those two together — they move before the median does.
Redfin, through October 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Trout Valley?
Priced off the typical home value of $578,534 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $115,707 | $462,828 | $2,974/mo |
| 5% | $28,927 | $549,608 | $3,532/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,974, that implies roughly $127,468 a year before you add taxes and insurance. The median household in Trout Valley earns $211,563, about $84,095 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.7x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Trout Valley in the next 12 months?
Tell us your timeline. We send the Trout Valley market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Trout Valley?
Zillow does not publish a rent index (ZORI) for Trout Valley, IL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Trout Valley?
Active listings in Trout Valley, IL went from 3 in October 2022 to 1 in October 2025, a -66.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| November 2022 | 2 | not published |
| December 2022 | 2 | 1 |
| May 2023 | 3 | 2 |
| June 2023 | 2 | not published |
| July 2023 | 1 | not published |
| June 2024 | 1 | not published |
| July 2024 | 2 | 1 |
| September 2024 | 2 | 1 |
| November 2024 | 1 | 1 |
| July 2025 | 2 | 2 |
| September 2025 | 3 | not published |
| October 2025 | 1 | not published |
Redfin, through October 2025
How does Trout Valley compare to Illinois and the U.S.?
Trout Valley homes sell for $790,000 — 134% above the Illinois median of $337,900. Against the national median of $410,700, Trout Valley runs 92% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Trout Valley, IL | $790,000 | not published | 66 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through October 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Trout Valley
What buyers should watch
- Months of supply, currently 0.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $558 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $578,534 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Trout Valley listing goes under contract in 66 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 101.1% of asking. Price at the number you want and let competition do the rest.
- Your equity moved +7.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Trout Valley varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Trout Valley
There are currently 1 homes listed for sale in Trout Valley, Illinois.
Active listings
1
Homes on market
Avg. days on market
66
Days until sale
How much do homes cost in Trout Valley by property type?
How the Trout Valley, IL market breaks down across single-family homes, condos and townhouses. Redfin, through October 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $790,000 | $180/sq ft | 2 | 66 days |
Who lives in Trout Valley?
American Community Survey estimates for Trout Valley. U.S. Census ACS, 2023
Population
584
Households
228
Median income
$211,563/yr
Median age
52.3 years
Owner-occupied
98.2%
Median home value
$435,300
Mean commute
36.8 min
98.2% of occupied homes in Trout Valley are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $435,300 against Zillow's $578,534 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Trout Valley, IL?
Ordered by distance from Trout Valley, not by size. Compare Trout Valley side by side with any of them.
Trout Valley housing market FAQ
Is Trout Valley a buyer's or seller's market?
Trout Valley, IL is currently a seller's market. That read comes from 0.5 months of supply, homes going under contract in about 66 days, and sellers getting 101.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Trout Valley?
The typical home in Trout Valley, IL is worth $578,534 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $790,000, about $180 per square foot.
Is Trout Valley cheaper than the rest of Illinois?
Trout Valley's median sale price of $790,000 is 134% higher than the Illinois statewide median of $337,900, and 92% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Trout Valley?
Homes in Trout Valley, IL spent a median of 66 days on market before going under contract, versus 43 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Trout Valley?
At the current 30-year fixed rate of 6.66%, 20% down on a $578,534 home is about $2,974 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $127,468 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $211,563.
Are home prices rising in Trout Valley?
The typical home value in Trout Valley, IL rose 7.5% over the last 12 months, from $537,931 to $578,534 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Trout Valley?
Trout Valley ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Trout Valley?
That depends on your timeline, not on a headline. What the data says today: Trout Valley, IL is a seller's market with 0.5 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $578,534, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.