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Franklin Grove, IL real estate

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Franklin Grove real estate Market Report.

Information and statistics on the latest trends in the Franklin Grove real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$170K
-6.6% from Q2 '26
Median list price
$158K
-9.4% from Q2 '26
Active listings
7
+17% from Q2 '26
Homes sold
3
No change from Q2 '26
New pendings
4
+100% from Q2 '26
New listings
3
-40% from Q2 '26

Quarterly Pricing Trends for Franklin Grove

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Franklin Grove Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $72K Median sale price in Jan 2022 - Mar 2022: $65K Median sale price in Apr 2022 - Jun 2022: $121K Median sale price in Jul 2022 - Sep 2022: $130K Median sale price in Oct 2022 - Dec 2022: $143K Median sale price in Apr 2023 - Jun 2023: $134K Median sale price in Jul 2023 - Sep 2023: $126K Median sale price in Oct 2023 - Dec 2023: $119K Median sale price in Jan 2024 - Mar 2024: $75K Median sale price in Apr 2024 - Jun 2024: $142K Median sale price in Jul 2024 - Sep 2024: $150K Median sale price in Oct 2024 - Dec 2024: $187K Median sale price in Apr 2025 - Jun 2025: $176K Median sale price in Jul 2025 - Sep 2025: $143K Median sale price in Oct 2025 - Dec 2025: $224K Median sale price in Jan 2026 - Mar 2026: $202K Median sale price in Apr 2026 - Jun 2026: $182K Median sale price in Jul 2026 - Sep 2026: $170K Median list price in Oct 2021 - Dec 2021: $73K Median list price in Jan 2022 - Mar 2022: $133K Median list price in Apr 2022 - Jun 2022: $130K Median list price in Jul 2022 - Sep 2022: $105K Median list price in Oct 2022 - Dec 2022: $132K Median list price in Jan 2023 - Mar 2023: $170K Median list price in Apr 2023 - Jun 2023: $100K Median list price in Jul 2023 - Sep 2023: $96K Median list price in Oct 2023 - Dec 2023: $85K Median list price in Jan 2024 - Mar 2024: $168K Median list price in Apr 2024 - Jun 2024: $126K Median list price in Jul 2024 - Sep 2024: $189K Median list price in Oct 2024 - Dec 2024: $189K Median list price in Jan 2025 - Mar 2025: $167K Median list price in Apr 2025 - Jun 2025: $154K Median list price in Oct 2025 - Dec 2025: $315K Median list price in Jan 2026 - Mar 2026: $45K Median list price in Apr 2026 - Jun 2026: $175K Median list price in Jul 2026 - Sep 2026: $158K Oct 2021 - Dec 2021 Median sale price $72K Median list price $73K Jan 2022 - Mar 2022 Median sale price $65K Median list price $133K Apr 2022 - Jun 2022 Median sale price $121K Median list price $130K Jul 2022 - Sep 2022 Median sale price $130K Median list price $105K Oct 2022 - Dec 2022 Median sale price $143K Median list price $132K Jan 2023 - Mar 2023 Median sale price Unknown Median list price $170K Apr 2023 - Jun 2023 Median sale price $134K Median list price $100K Jul 2023 - Sep 2023 Median sale price $126K Median list price $96K Oct 2023 - Dec 2023 Median sale price $119K Median list price $85K Jan 2024 - Mar 2024 Median sale price $75K Median list price $168K Apr 2024 - Jun 2024 Median sale price $142K Median list price $126K Jul 2024 - Sep 2024 Median sale price $150K Median list price $189K Oct 2024 - Dec 2024 Median sale price $187K Median list price $189K Jan 2025 - Mar 2025 Median sale price Unknown Median list price $167K Apr 2025 - Jun 2025 Median sale price $176K Median list price $154K Jul 2025 - Sep 2025 Median sale price $143K Median list price Unknown Oct 2025 - Dec 2025 Median sale price $224K Median list price $315K Jan 2026 - Mar 2026 Median sale price $202K Median list price $45K Apr 2026 - Jun 2026 Median sale price $182K Median list price $175K Jul 2026 - Sep 2026 Median sale price $170K Median list price $158K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Year-over-year, Franklin Grove’s rolling three-month numbers show rising values and shifting conditions. The typical home value is up nearly 19% from a year ago, while the median list price has jumped more than 65%, signaling that sellers are testing higher price points than in the past.

In the latest rolling period ending September 2026, inventory and pace tell a more nuanced story. Active listings are up more than 75% compared with last year, yet months of supply has dropped sharply to just 2.1 months, underscoring a solid seller’s market despite more homes being available.

Buyer activity and selling dynamics have both changed notably over the past year. Pending sales have climbed more than 34% year over year, the share of homes selling above list has reached 100%, and the average sale-to-list price ratio now edges slightly above 100%, so both buyers and sellers can benefit from an Agent Pronto–recommended agent who understands how to navigate these conditions.



Learn more about what Franklin Grove has to offer.

Franklin Grove offers residents a warm, close-knit community with convenient access to parks, local shops, schools, and family-friendly events, all within a peaceful, small-town atmosphere.

Franklin Grove offers small-town living with practical access to larger hubs, sitting just off major routes that connect residents to Dixon, Rochelle, and the Rockford area. Daily needs are easy to manage, with local services in town and broader shopping, healthcare, and employment options a short drive away.

Outdoor enthusiasts appreciate the nearby Franklin Creek State Natural Area, which provides hiking, picnicking, and seasonal recreation along a scenic creek. The historic Franklin Creek Grist Mill adds a cultural touch with events and educational programs. Families benefit from access to schools in the Paw Paw School District and Amboy Community Unit School District 272, along with libraries and youth activities in nearby Dixon.

Community life in Franklin Grove is grounded in local events, local eateries, and easy connections to neighboring towns like Ashton and Paw Paw. Residents enjoy a quieter pace while remaining within reach of the broader Lee County region for work and entertainment.

Whether you are moving to Franklin Grove for its accessible location or planning to sell and relocate, working with an agent who understands local roads, school options, and market trends can simplify every step. Agent Pronto connects buyers and sellers with skilled local real estate professionals who help reduce stress and make decisions with confidence.

Find your Franklin Grove real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“We had such a great experience working with Victoria and Sam! They were always quick to respond whenever we sent a home we were interested in or had questions. They were willing to go on as many tours as it took to help us find the right fit and were honest about steering us away from homes with structural concerns. It was clear they genuinely had our best interests at heart and wanted us to find a home we’d love. They’re also both funny and easy to get along with, which made the entire process that much more enjoyable. We couldn’t recommend them enough!”

Caden Burgess · Wilmington, IL

Photo of Victoria Holmes
Berkshire Hathaway HomeServices Chicago
“Kim Wirtz A fantastic sales person,Thank you very much for selling my property in such a short time.”

Tracy Lin · Midlothian, IL

Photo of Kim Wirtz
Wirtz Real Estate Group, Inc.
“I highly recommend working with Meldina! She is incredibly accommodating and always willing to show the properties, even on the short notice. She is very knowledgeable about the location we are exploring and her positive attitude, amazing energy and solution oriented mindset truly make a difference.Her professionalism and enthusiasm make the entire experience enjoyable. Thank you, Meldina, for you outstanding support and dedication.”

Alma A · Skokie, IL

Photo of Meldina Realty Group
Century 21 Dream Homes
“Chandra has been a true joy to work with! She is a straight shooter when it comes to her clients. She's a friend from the start, her passion and excitement matches your passion about you finding your new home. She's honest about everything throughout the process and answers all you questions in a timely manner. She has been so kind and helpful from beginning to finish! I would definitely recommend her to my family and closest friends 🧡”

Laura · Rockford, IL

Photo of Chandra Lopez
Realty of America
“Lisa wa outstanding throughout the entire sale of my property. She moved quickly, stayed on top of every detail, and made scheduling easy by being flexible with closing times and locations. Her professionalism and extensive industry knowledge gave me complete confidence from start to finish. I’d recommend her without hesitation to anyone buying or selling in central Illinois. Donna worked behind the scenes in my specific situation, but did so professionally and efficiently. Lisa and Donna together make a great team, and come very highly recommended.”

Steve Hammond · South Pekin, IL

Photo of Move Smart Group
MoveSmart Realty
“Jose made the process incredibly smooth is first-time buyers.”

Fernando · Joliet, IL

Photo of Jose Alarcon
Realty of America
“Selling our first home was emotional, and we couldn’t have asked for a better realtor than Brittany. When our first offer fell through, she had us under contract with a second offer within 24 hours! Her unwavering confidence and steady reassurance helped us feel at ease during such an uncertain time, especially as first-time sellers. Brittany supported us every step of the way, always making time to listen, answer our questions, and talk through our concerns. We felt heard, cared for, and confident that she had our best interests at heart. This was our second real estate transaction with Brittany, and we would never work with anyone else. We’re so grateful for her dedication, expertise, and kindness. We cannot recommend her highly enough!”

Vanessa Peters · Lombard, IL

Photo of Brittany Simon
Compass
“Renee was very helpful in our search for a house. She was very friendly, knowledgeable and very easy going personality. She and her office assistant were always available if there were any questions”

Angela Diaz · Arlington Heights, IL

Photo of Renee OBrien Group
Keller Williams North Shore West
“Ray Roswell provided exceptional service throughout the process. His assistance in locating a new home, combined with his expertise in the sale of manufactured homes, was invaluable. I confidently recommend him to anyone considering buying or selling a home.”

Jim Raby · Beecher, IL

Photo of Ray Rosewell
Real People Realty
“Working with Anthony was an absolute game-changer for us as first-time home buyers. He knows the local market inside and out, he answered all of our (many) questions at any time of the day, and not only was he very professional and reliable, but we knew throughout the process that he genuinely cared about us and our satisfaction. Now we have our dream home! I'm so glad we had Anthony working with us throughout this process, and we highly recommend him!”

Lais Boa · Round Lake, IL

Photo of Anthony Osifalujo
Illinois Real Estate Partners
“I can’t say enough wonderful things about Steve Goodman and the experience we’ve had working with him over the past 10 years. Steve was my realtor when I purchased my very first condo, and 10 years later, he was right there with us as we sold that condo and purchased what we hope will be our forever home. Having the opportunity to work with the same realtor through such an important chapter of our lives speaks volumes about the trust and confidence we have in him. What sets Steve apart is that he genuinely puts his clients’ best interests first. He is never pushy or focused on simply making a sale. Instead, he takes the time to listen, answer every question, offer honest advice, and make sure you feel comfortable with every decision. He is incredibly patient, knowledgeable, and always willing to go the extra mile.”

Joanna · Des Plaines, IL

Photo of Steven Goodman
RE/MAX Suburban
“Was impressed from the beginning when the owner answered the phone and made an appointment within a day or two to come out to the property. When we decided to put the house on the market, they were extremely professional And answered all our questions. The photographer came out promptly, and took amazing pictures of the property. It was listed the next day,and our house sold in less than a week. Andrew McCatty was our broker. He could not have been more knowledgeable or professional. Any questions that we had, Andrew either answered the phone or got back to us very quickly. Highly recommend Andrew and Century 21 Circle. Would only work with them again and would recommend them to family and friends.”

Debbie · Burnham, IL

Photo of McCatty Real Estate
Century 21 Circle
“Jeff is a knowledgeable professional. Trustworthy who will give you excellent feedback and advice”

Vin Peseski · Naperville, IL

Photo of Jeff Coros Team
Century 21 Affiliated
“Barb was a pleasure to work with, and I would highly recommend her to anyone.”

George Stell · Minooka, IL

Photo of Barb Gall
RE/MAX Remax Ultimate Professionals
“We were referred to Tracy in our move from downtown to the suburbs, and we couldn’t have asked for a better experience. She made what can be a stressful process feel easy and manageable from start to finish. Tracy was both professional and personal, detail-oriented, responsive, and always quick to act when it mattered. Her deep knowledge of the local market and strong connections were invaluable throughout our purchase. We would wholeheartedly recommend Tracy to anyone looking to buy a home!”

The Claussen Family · Hinsdale, IL

Photo of Tracy Anderson
Compass
“Michelle was exceptional throughout the entire home-buying process! She was always on top of the paperwork, deadlines, and everything we needed to get our purchase completed. Her responsiveness, organization, and attention to detail made the process so much smoother. We truly appreciated all her hard work and would highly recommend her to anyone looking to buy a home!”

Luis Alvarez · Kankakee, IL

Photo of Michelle Greybill
Village Realty
“Catherine Terpstra made herself available to us in our search for a house as we were moving from out of state back to IL. As soon as we contacted her, it felt like she dropped everything "just for us". (We know she was attending to other clinets, as well!) She was very efficient in setting up houses for us to tour, within and without our pricing perameters. She "heard us" in regard to the "non-negotiables" we had for a house for which we were looking. She printed out pertinent infomration on each place for us. We were in a time-crunch, as we had come from out of state to search for a place to live. She was able to help us find a very nice new home. We are very thankful to her for her understanding and expertise in real estate and in the current housing market.”

Virginia · Aurora, IL

Photo of Catherine Terpstra
HomeSmart Connect, LLC
“I've worked with Shawn Jones for nearly 10 years. He helped me find my first apartment, and first home after getting married. He is a deeply considerate, caring, and experienced agent. I can't recommend him highly enough.”

John MacRitchie · Chicago, IL

Photo of The Jones Group
Berkshire Hathaway HomeServices
“Rose Riodan, did excellently well, always available for phone calls, chat and prompt with emails. Gave great advice and recommendations that supported making informed decisions.”

Job Ojo · Plainfield, IL

Photo of Rose Riordan
Century 21 Affiliated
“She was super nice and very attentive of my needs. She was available 24/7. She helped me so much. She would explain everything in detail and was very patient with me. Overall, she was the best. I would 100% suggest her to my friends and families.”

Adith R · Aurora, IL

Photo of Dayana Polhill
CENTURY 21 Affiliated

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Franklin Grove. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.