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Foreclosure Homes in Spring Grove, IL

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Spring Grove, IL Foreclosures

How much do homes sell for in Spring Grove, IL?
The average home price is currently $402,044.
In Spring Grove, IL, how many homes are available?
There are currently 92 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 $7,582,493.
What is currently the cheapest priced home in Spring Grove, IL?
The cheapest home for sale in Spring Grove is priced at $10,568.

Living in Spring Grove, IL

Spring Grove, IL is a serene village offering a peaceful suburban lifestyle with beautiful natural landscapes. It's a tight-knit community with excellent schools and local amenities, perfect for families and outdoor enthusiasts. The village hosts various local events throughout the year, making it a great place to call home.

Current Market Conditions in Spring Grove, IL

Currently, the real estate market in Spring Grove is experiencing a moderate level of activity, with homes seeing steady interest, particularly among first-time buyers. The appeal of larger lots and proximity to nature has kept demand strong, even amid rising interest rates.

The prices of homes have remained relatively stable in Spring Grove, with a slight upward trend over the last year as more buyers are drawn to the community. There are a variety of home styles available, appealing to both new buyers and those looking to upgrade in a family-friendly environment.

Home Value Estimator For Spring Grove, IL

There are currently 4,255 real estate properties in Spring Grove, IL, with a median automated valuation model (AVM) price of $401,994.00. 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 $402,044.00, with the most expensive house in Spring Grove, IL, topping out at $7,582,493.00 and the cheapest home in Spring Grove, IL, clocking in at $10,568.00. 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 Foreclosures


Market Trend for Spring Grove, IL

Total Listings Available: 92

Market Values:

Home Prices from $10,568 to $7,582,493

Average Sales Price: $402,044

Rental Values:

Rental from $780 to $3,380

Average Rent Value: $1,827 / month

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