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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.

“Daniel had helped us in the past with the purchase of our first home so it was an easy decision when we decided it was time to move again to use him. He was accommodating, helpful and gave insight when we were looking for a new house in a new area. He listened to our wants and pointed things out we may not have noticed ourselves. This time we used Daniel for the sale of our condo and the purchase of our new home and was attentive, engaged & made both the purchase and sale happen seamlessly. I highly recommend Daniel to anyone selling or buying! With him you will find someone who genuinely wants to help with the difficult process of buying / selling.”

zuser20170531092249734 ·

Photo of Daniel Bahena
HomeSmart Connect LLC
“Carolyn is an exceptional realtor. She is extremely knowledgeable of the areas in which she operates, she is always prepared, and works extremely hard on behalf of her clients. More importantly, she values the relationships she creates, and will go above and beyond for you as a buyer or a seller in any situation. Her marketing plan and positioning strategy allowed us to sell a very unique home in our market quickly and for a price we were extremely happy with. She leaves no stone unturned at any step in the process and will do anything to ensure her clients have a terrific experience. I can't possibly recommend her highly enough, 5 stars isn't enough!”

bstratto6 ·

Photo of Carolyn Alzueta
Charles Rutenberg Realty
“Honestly Ariel is an amazing realtor. She was responsive, knowledgeable, and willing to answer all my random questions as a first time homeowner. She clearly explained the process, was patient when looking at a variety of homes over a year, and was a huge help. 10/10 Recommend!”

cheese001 ·

Photo of Sarah Leonard Team
Legacy Properties, A Sarah Leonard Company
“Heather was amazing to work with on my recent condo purchase! With her help I was able to meet my needs and deadline to purchase the condo! She is also incredibly helpful in connecting buyers with great people/companies that make the process easy.”

James · Lombard, IL

Photo of Heather Bejda
Berkshire Hathaway HomeServices Chicago
“Graham was absolutely wonderful to work with during our out of state move. He kept everything feeling smooth and stress free, stayed in great communication, and was always quick to answer any questions we had. His friendly attitude and willingness to help made the whole selling process so much easier. We truly appreciated all his support and would happily recommend him to anyone looking for a realtor!”

Amy Falson ·

Photo of Graham Mcdonald
Coldwell Banker Realty
“Selling our condo was a much smoother experience than I expected, and I truly have Larry to thank for that. From the very beginning, he was knowledgeable, responsive, and incredibly professional. Night or Day, weekday or weekend Larry answered the phone and communicated actively any information about the process to us. A true professional. He guided us through every step of the process, answered all of my questions, and always made us feel confident in the decisions we were making. What impressed me most was his negotiation skills. Larry advocated for our best interests every step of the way and worked hard to secure the best possible outcome. We always felt like he had our back and never settled for less than what our home was worth. If you’re looking for an agent who is honest, strategic, communicative, and genuinely invested in their clients, we can’t recommend Larry Lazar highly enough. Selling a home can be stressful, but he made the entire process seamless. We would absolutely work with him again and recommend him to anyone buying or selling a home.”

Karen Collins-Boddy ·

Photo of Larry Lazar
Charles Rutenberg Realty Charles Rutenberg
“Matt did a fantastic job. He is very knowledgeable about the area, and the processes, and all the little tricks to maximize the odds of a successful home purchase. As a buyer from out of state, I can say Matt made the process much better than it could have been. He sent us walkthrough videos of each property (usually within 1-2 hours of my request). Matt goes above and beyond and we could not have asked for a better real estate agent.”

bmocbam ·

Photo of Matthew Lawrence
1st Class Realty ALL PRO
“Working with Cathy truly was a blessing and a prayer answered. From day one, Cathy was on top of EVERYTHING. She made the sale of our home, as well as the buying of our new home, such a wonderful experience. Even though we ran into some hiccups, which were out of our hands, Cathy handled it all for us. From her marketing, to her overall knowledge of buying and selling, Cathy was on top of everything. I'm so thankful and grateful to have had her on this journey, by our side. I know I will recommend her time and time again, to all our family and friends.”

Tiffany Kinsey · Compton, IL

Photo of Cathy Vander Hye
Century 21 Pride Realty
“Bill Spanos is one of the best realtors in the Chicagoland market. He helped my sister get $100,000 more than she expected when she sold her house. And he saved her $12,000 in realtor fees, for a total of $112,000 in extra profit. She recommended him, and he negotiated a $20,000 buyer credit on a house in Dixon, which brought down the cost to $135,000: 1800 sq feet, 3 bedrooms, 2 baths, a heated 2-car garage, and in-ground swimming pool! Bill saved me so much money with his negotiation skills, in addition to super-low closing costs. Bill is a million to one!”

johngnutek ·

Photo of William Spanos
eHomes Realty Ltd.
“Tony is very professional. Willing to go the extra mile to make sure process goes smoothly and helpful all the way. Communication is super easy and prompt. I am very satisfied with the work he provided for us.”

centenolaura9871 ·

Photo of TOGAR & Co.
Keller Williams ONEChicago
“Josie was very easy to work and explained the entire process very clearly. She had a great list of resources that we used to prep our home for sale. She stayed on top of things and helped us stay on track.”

Tangala Schumpert ·

Photo of Josie Morrison
RE/MAX Action
“Mary knows and understands the business. She tells you what you need to know and not what you want to hear. She is a true professional looking out for her clients best interests. And she has a good network of top notch professionals in supporting roles like home inspectors, real estate lawyers, movers etc. We found all of the people she recommended to be true pros.”

father of four ·

Photo of Mary Bremer
Southwestern Real Estate

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.