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Foreclosure Homes in Franklin Grove, IL

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Franklin Grove, IL Foreclosures

Current Market Conditions in Franklin Grove, IL as of June 2026?
Home values: +1.00% MoM; rent: +0.00% MoM.
How much do homes sell for in Franklin Grove, IL?
The average home price is currently $243,054.
In Franklin Grove, IL, how many homes are available?
There are currently 1 active home listings available in Franklin Grove.
What’s the average rental cost in Franklin Grove, IL?
The average rental price in Franklin Grove is $1,217.
What is the most expensive home in Franklin Grove?
The most expensive home sold in Franklin Grove had a price of $3,351,507.
What is currently the cheapest priced home in Franklin Grove, IL?
The cheapest home for sale in Franklin Grove is priced at $20,960.

Living in Franklin Grove, IL

Franklin Grove, IL is a quiet Lee County village with small-town housing, historic charm, and access to parks, prairie preserves, and nearby employment and services in Dixon, Rochelle, Oregon, and Rockford.

Buyer vs Seller Market in Franklin Grove, IL

Median home value: $186,140 as of 2026-06-14.

Median rent: $1,180 as of 2026-06-14.

Home values: +1.00% MoM, +36.50% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Franklin Grove, IL

There are currently 662 real estate properties in Franklin Grove, IL, with a median automated valuation model (AVM) price of $186,140.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin 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 Franklin Grove, IL, is $243,054.00, with the most expensive house in Franklin Grove, IL, topping out at $3,351,507.00 and the cheapest home in Franklin Grove, IL, clocking in at $20,960.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin Grove, IL!

Rent Prices In Franklin Grove, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin Grove, IL, is on a rollercoaster ride. The average rent price in Franklin Grove, IL, is $1,217.00. Indeed, when looking to rent in Franklin Grove, IL, you can expect to pay as little as $710.00 or as much as $2,380.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Franklin 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.

Franklin Grove, IL Foreclosures

Market Trend for Franklin Grove, IL

Total Listings Available: 1

Market Values:

Home Prices from $20,960 to $3,351,507

Average Sales Price: $243,054

Rental Values:

Rental from $710 to $2,380

Average Rent Value: $1,217 / month

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