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Foreclosure Homes in Spring Grove, IL 60081

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Spring Grove, IL Foreclosures

How much do homes sell for in Spring Grove, IL?
The average home price is currently $409,305.
In Spring Grove, IL, how many homes are available?
There are currently 90 active home listings available in Spring Grove.
What’s the average rental cost in Spring Grove, IL?
The average rental price in Spring Grove is $1,827.
What is the most expensive home in Spring Grove?
The most expensive home sold in Spring Grove had a price of $8,311,422.
What is currently the cheapest priced home in Spring Grove, IL?
The cheapest home for sale in Spring Grove is priced at $12,593.

Living in Spring Grove, IL

Spring Grove, IL is a charming village nestled in the Chain O'Lakes region, perfect for those seeking a serene lifestyle with easy access to nature. The community is known for its friendly atmosphere, excellent schools, and engaging local events. With beautiful parks and lakes, outdoor activities abound for residents of all ages.

Current Market Conditions in Spring Grove, IL

The Spring Grove real estate market is currently experiencing steady growth, with a balanced inventory of homes available. Buyers are attracted to the area's charming suburban feel and access to outdoor recreational opportunities, while sellers are benefiting from increased property values.

Overall, homes are remaining on the market for a moderate amount of time, and bidding wars are not uncommon for well-priced properties, especially those with desirable features or locations.

Home Value Estimator For Spring Grove, IL

There are currently 4,106 real estate properties in Spring Grove, IL, with a median automated valuation model (AVM) price of $408,782.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Spring Grove, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Spring Grove, IL, is $409,305.00, with the most expensive house in Spring Grove, IL, topping out at $8,311,422.00 and the cheapest home in Spring Grove, IL, clocking in at $12,593.00. In other words, there’s something for every potential homebuyer or savvy investor in Spring Grove, IL!

Rent Prices In Spring Grove, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spring Grove, IL, is on a rollercoaster ride. The average rent price in Spring Grove, IL, is $1,827.00. Indeed, when looking to rent in Spring Grove, IL, you can expect to pay as little as $780.00 or as much as $3,380.00, with the average rent median estimated to be $1,920.00. The good news is that finding an affordable and desirable property to rent in Spring Grove, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Spring Grove, IL 60081 Foreclosures


Market Trend for Spring Grove, IL

Total Listings Available: 90

Market Values:

Home Prices from $12,593 to $8,311,422

Average Sales Price: $409,305

Rental Values:

Rental from $780 to $3,380

Average Rent Value: $1,827 / month

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