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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

Mar 1, 2026 - May 31, 2026

Median sale price
$109K
-46% from Q1 '26
Median list price
$213K
+375% from Q1 '26
Active listings
5
+67% from Q1 '26
Homes sold
2
No change from Q1 '26
New pendings
3
+200% from Q1 '26
New listings
3
+200% from Q1 '26

Quarterly Pricing Trends for Franklin Grove

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

Quarterly Pricing Trends for Franklin Grove Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $93K Median sale price in Jul 2021 - Sep 2021: $80K 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: $169K 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: $65K 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 list price in Apr 2021 - Jun 2021: $90K Median list price in Jul 2021 - Sep 2021: $80K 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: $112K Median list price in Jul 2023 - Sep 2023: $96K Median list price in Oct 2023 - Dec 2023: $70K 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: $168K Median list price in Oct 2025 - Dec 2025: $315K Median list price in Jan 2026 - Mar 2026: $45K Apr 2021 - Jun 2021 Median sale price $93K Median list price $90K Jul 2021 - Sep 2021 Median sale price $80K Median list price $80K 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 $169K Median list price $112K Jul 2023 - Sep 2023 Median sale price $126K Median list price $96K Oct 2023 - Dec 2023 Median sale price $119K Median list price $70K Jan 2024 - Mar 2024 Median sale price $65K 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 $168K 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
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
17
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 (Mar 2026 - May 2026).

Year-over-year, Franklin Grove’s rolling three-month data shows notable shifts in both prices and pace. The typical home value is down sharply from a year ago, while the median list price is up more than 16 percent, signaling that sellers are aiming higher even as closed-sale prices trend lower.

In the latest rolling period ending May 2026, homes sold had a median of just 29 days on the market, a dramatic improvement from much longer selling times seen over the past year. Inventory has thinned compared to last year, with active listings down nearly 37 percent and new listings and pending sales each falling about half year over year, which helps explain why the market still leans toward sellers.

Current conditions reflect a mixed environment for negotiations and pricing. About half of recent sales closed above list price, yet the average sale-to-list ratio sits around 92 percent, indicating some discounting on other deals and varied pricing strategies. With roughly 4.8 months of supply and only two homes sold in the latest period, each listing can matter more in shaping local trends, so buyers and sellers in Franklin Grove can benefit from Agent Pronto connecting them with an agent who understands these dynamics.



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 were very pleased. We received an above asking offer after just a few showings. Also the pictures in the listing made me sad I was leaving what was to be our forever home.”

Pam · Homer Glen, IL

Photo of McCatty Real Estate
Century 21 Circle
“Kim was excellent, answered all my calls or texts promptly! If it was not part of her job she advised me who to contact ! Absolutely the Best”

Robert Klinski · Burbank, IL

Photo of Kim Wirtz
Wirtz Real Estate Group, Inc.
“Originally we were referred by our first lender and we could not have been more fortunate to work with Vicky and Sam. They were professional and realistic regarding our home search. We had not purchased a home in a very long time and Vicky was patient and understanding and was so attentive. avidly referred us to our second lender (the first was not communicative) and it was wonderful. Overall the whole experience was great! Thank you for helping us find our dream home!”

Christina · Channahon, IL

Photo of Victoria Holmes
Berkshire Hathaway HomeServices Chicago
“Laura is Amazing!”

Stephen Brady · Chicago, IL

Photo of Topp team
Berkshire Hathaway Homeservices
“Working with Tracy to buy our home was a great experience and she was always available and communicative even as we navigated some difficult parts of the negotiation with the seller. She was personally at every visit and even at the inspection and closing, going way above and beyond my expectations and previous experiences with buying agents. Thanks to her we found a home for our family and while we don't plan to buy in the near future I'd be happy to work with her again and again. Thanks Tracy!”

Ian Miller · Westmont, IL

Photo of Tracy Anderson
Compass
“Steven was very helpful, knowledgeable, passionate, and most importantly he met all of my needs! I will definitely use him for all of my future home purchases in the near future. Thanks again Steven, he's definitely a ROCK STAR! I can't wait to work with him in the near future. Betty Ng”

Betty Ng · Matteson, IL

Photo of Steven Goodman
RE/MAX Suburban
“Meldina is an expert in the local market and an exceptional negotiator. Her professionalism, communication, and dedication exceeded our expectations. We highly recommend her!”

Lola Mandic · Johnsburg, IL

Photo of Meldina Realty Group
Century 21 Dream Homes
“Lisa Buskirk-Inman was absolutely wonderful to work with. She came to our home to make signing the paperwork easy since my husband is having health issues and is not easily able to get around right now. She gave us peace of mind knowing everything was taken care of and explained everything we were signing.”

Rinda Durham · Bartonville, IL

Photo of Move Smart Group
MoveSmart Realty
“Barb was 1/20 realtors who was willing to work with me in the beginning over 9 years ago. This is when I first purchased my home. I was cheap buyer. It went without saying I was going to be using her for the sale of the home 9 years later. She handled the hurdles flawlessly and talked me through and coached me the entire way. To say I appreciate her is an understatement. I sold my home after we relocated it of state and she coordinated every logistic of that sale on my behalf to he best of her ability. I recommend her without fail and would point every person in her direction that has a need for a solid realtor.”

Robin Ross · Joliet, IL

Photo of Barb Gall
RE/MAX Remax Ultimate Professionals
“Kathy fought a lot of uphill battles for us and despite hurdles at every turn (with prospective buyer) she pushed on and was able to secure our sale. I can't thank her enough for the amount of work she put in.”

Hayden Johnson · Naperville, IL

Photo of Househunters4u Team
Berkshire Hathaway Chicago
“It was a joy to work with Kathryn she was able to answer every question I had, her knowledge goes a long way and I will definitely recommend her to friends and family.”

Tasha Faust · Oswego, IL

Photo of Kathryn Hoffman
Century 21 Affiliated
“Brittany is an AMAZING realtor and I don't say that lightly. She goes above and beyond to make sure that we are getting everything that we asked for and more. If you are looking for a realtor that goes out of her way to make sure her clients needs are met, you have found your realtor! I could not put into words how happy I am!”

Lola · Wheaton, IL

Photo of Brittany Simon
Compass
“It was a pleasure to work with Robert, he paid a lot of attention to our expectations and preferences, and he is strong in negotiating.”

Anna Tishchenko · Crystal Lake, IL

Photo of Robert Sidlauskas
Keller Williams Platinum Partners
“Working with Emir is always a pleasure. He was very helpful in coordinating work on our house for sale, working with vendors and providing valuable feedback on neccesary work vs. potential work items unlikely to generate return. We closed sale of house 3 weeks from time of first listing. I'd worked with Emir before and hope to do so again in the future.”

Matt · Chicago, IL

Photo of Emir Vulic
Owners.com
“Working with Ray was an absolute blessing throughout my home buying journey. He went above and beyond every step of the way, always remaining patient, professional, and supportive through all of the ups and downs that came along the process. No matter the challenge, Ray stayed committed and made sure I felt informed and encouraged the entire time. His dedication, communication, and genuine care truly made a difference, and I would highly recommend him to anyone looking for a reliable and hardworking realtor.”

Theresa Davis · Monee, IL

Photo of Ray Rosewell
Real People Realty
“Heather was very helpful from beginning to end even with the struggles and challenges we gave her.”

Spencer · Naperville, IL

Photo of Heather Bejda
Berkshire Hathaway HomeServices Chicago
“Melissa Young was incredibly attentive and knowledgeable which was critical for me as a first-time home buyer. She helped me win my very first bid with a strong offer and guided me through challenges with the appraisal process. She sets the bar high and I am so happy with my beautiful first home in Chicago!”

Bryce Campain · Chicago, IL

Photo of Melissa Young
Berkshire Hathaway Home Services Chicago
“To be honest Ralph was the best part of my team. He's a good person and if it wasn't for him I wouldn't know half of what I know about buying a house Thanks Ralph”

Deandre Drew · Sauk Village, IL

Photo of Ralph Waller
HomeSmart Home Smart Connect Real Estate
“Great experience! Very attentive, honest, and dedicated. Professional, efficient, and easy to work with. Highly recommended!”

Heidy Munoz · Plainfield, IL

Photo of Rose Riordan
Century 21 Affiliated
“We relocated from an area where we had lived our entire lives, and the prospect of moving to another state can often be quite challenging. However, our experience with Kimberly was exceptionally smooth and seamless. Her expertise, combined with the thoughtful and tailored feedback she provided based on our specific criteria, proved invaluable throughout the entire process. She conducted herself with the utmost professionalism while also making us feel genuinely supported, as though we were family. We would highly recommend her to any prospective buyers or sellers seeking a dedicated and knowledgeable real estate professional.”

Wesley Lowers · Somonauk, IL

Photo of Kim Thurm
Berkshire Hathaway HomeServices Chicago

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.