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Land Foreclosures in River Grove, IL

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River Grove, IL Foreclosures

How much do homes sell for in River Grove, IL?
The average home price is currently $350,086.
In River Grove, IL, how many homes are available?
There are currently 11,342 active home listings available in River Grove.
What’s the average rental cost in River Grove, IL?
The average rental price in River Grove is $1,648.
What is the most expensive home in River Grove?
The most expensive home sold in River Grove had a price of $35,870,070.
What is currently the cheapest priced home in River Grove, IL?
The cheapest home for sale in River Grove is priced at $18,266.

Living in River Grove, IL

River Grove, IL, is a tight-knit community located just northwest of Chicago, known for its suburban charm and vibrant local amenities. The area is family-friendly, offering a selection of schools, parks, and recreational activities. With convenient access to public transportation and a range of dining and shopping options, River Grove is an appealing option for those seeking suburban living close to the city.

Current Market Conditions in River Grove, IL

The current real estate market in River Grove is showing a steady demand for housing, with a mix of single-family homes, condominiums, and rental units available. The competitive nature of the market has led to higher prices, particularly for well-maintained properties that boast modern amenities and proximity to local conveniences.

In the past few months, River Grove has experienced a moderate increase in home prices, with a growing interest from homebuyers attracted by the suburb's strong community feel and accessibility. The inventory of homes for sale remains tight, which contributes to the upward pressure on prices as buyers compete for available properties.

Home Value Estimator For River Grove, IL

There are currently 3,301 real estate properties in River Grove, IL, with a median automated valuation model (AVM) price of $324,678.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in River 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 River Grove, IL, is $350,086.00, with the most expensive house in River Grove, IL, topping out at $35,870,070.00 and the cheapest home in River Grove, IL, clocking in at $18,266.00. In other words, there’s something for every potential homebuyer or savvy investor in River Grove, IL!

Rent Prices In River Grove, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in River Grove, IL, is on a rollercoaster ride. The average rent price in River Grove, IL, is $1,648.00. Indeed, when looking to rent in River Grove, IL, you can expect to pay as little as $1,000.00 or as much as $2,600.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in River 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.

River Grove, IL Land


Market Trend for River Grove, IL

Total Listings Available: 11,342

Market Values:

Home Prices from $18,266 to $35,870,070

Average Sales Price: $350,086

Rental Values:

Rental from $1,000 to $2,600

Average Rent Value: $1,648 / month

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