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Franklin Grove Housing Market Report

August 2026 • Updated daily from MLS data

$920,000
Average Price
3
Active Listings
34
Avg Days on Market
$103
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Franklin Grove broken down by property type

2
Single Family
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0
Condo
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0
Townhouse
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0
Multifamily
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Price Distribution

How Franklin Grove home prices are distributed across price ranges

Under $100K
0
$100K–$200K
1
1
$200K–$300K
0
$300K–$500K
0
$500K–$750K
0
$750K–$1M
0
$1M+
2
2

Listings by Bedrooms

Bedroom count breakdown for active listings in Franklin Grove

0
1 Bed
0
2 Bed
1
3 Bed
0
4 Bed
1
5+ Bed

Demographics & Community

Census data for Franklin Grove, Illinois

1,102
Population
$55,278
Median Household Income
41.4
Median Age
$117,300
Census Median Home Value

Housing Occupancy

Total Housing Units418
Owner-Occupied247 (62.7%)
Renter-Occupied147 (37.3%)
Vacant Units24
Median Rent$793/mo

Commute & Education

Median Commute473 min
Work From Home1.7%
0
Bachelor's Degree+11.8%
High School Diploma+3.2%

Affordability & Housing Costs

HUD data for the Franklin Grove area

Fair Market Rent (2024)

Studio$553/mo
1 Bedroom$710/mo
2 Bedroom$807/mo
3 Bedroom$1,137/mo
4 Bedroom$1,188/mo

Income Limits (2024)

Median Family Income$89,900
Low Income (4-person)$71,900
Very Low Income (4-person)$44,950
Extremely Low (4-person)$31,200

Safety & Crime Statistics

Crime data for Franklin Grove (2020)

0
Violent Crimes
9
Property Crimes
2
Burglaries
0
Vehicle Thefts

School Districts

School districts serving Franklin Grove properties

275

Featured Listings in Franklin Grove

Top properties currently on the market

227 South
$160,000
3
2
2,304 sqft
227 South
Franklin Grove, IL
409 STATE
$1,300,000
9
9
15,500 sqft
409 STATE
Franklin Grove, IL
409 State
$1,300,000
409 State
Franklin Grove, IL
View All Franklin Grove Properties

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