Data as of March 2026. Source: Realtor.com.
The FRANKLIN GROVE, IL real estate market (61031) currently shows 3 active listings, with 2 pending sales. Homes are averaging 152 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 152 days on market compared to 21 days last year.
The median listing price has risen 941.2% year-over-year, from $124,850 to $1,300,000.
Whether you are buying or selling in FRANKLIN GROVE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 1,745 · Density: 15.0/mi² · Median household income: $72,639
Typical home value: $131,281 · Homeownership: 69.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61031 | Franklin Grove, IL 61031 | 0.0 mi | 3 | $2,268,624 | $723,725 | $756,208 |
| 61021 | Dixon, IL 61021 | 8.3 mi | 57 | $16,458,294 | $209,950 | $288,742 |
| 61378 | West Brooklyn, IL 61378 | 11.0 mi | 2 | $377,000 | $188,500 | $188,500 |
| 61367 | Sublette, IL 61367 | 14.5 mi | 2 | $280,000 | $140,000 | $140,000 |
| 60553 | Steward, IL 60553 | 14.9 mi | 1 | $309,900 | $309,900 | $309,900 |
| 61042 | Harmon, IL 61042 | 16.1 mi | 1 | $284,900 | $284,900 | $284,900 |
| 61064 | Polo, IL 61064 | 17.6 mi | 11 | $1,801,998 | $162,500 | $163,818 |
| 61353 | Paw Paw, IL 61353 | 19.0 mi | 3 | $836,901 | $245,000 | $278,967 |
| 61043 | Holcomb, IL 61043 | 19.5 mi | 2 | $399,800 | $199,900 | $199,900 |
| 61349 | Ohio, IL 61349 | 20.4 mi | 1 | $127,000 | $127,000 | $127,000 |
| 61084 | Stillman Valley, IL 61084 | 20.8 mi | 7 | $4,042,556 | $602,500 | $577,508 |
| 61071 | Rock Falls, IL 61071 | 21.1 mi | 25 | $4,684,200 | $165,675 | $187,368 |
| 61020 | Davis Junction, IL 61020 | 22.2 mi | 11 | $2,979,306 | $285,224 | $270,846 |
As of March 2026, there are 3 active listings in FRANKLIN GROVE, IL (zip code 61031), compared to 5 the prior year.
The median listing price in FRANKLIN GROVE, IL 61031 is $1,300,000 as of March 2026, a 941.2% increase from $124,850 the prior year.
Homes in FRANKLIN GROVE, IL 61031 spend an average of 152 days on the market before going under contract, compared to 21 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FRANKLIN GROVE, IL 61031 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 152 days on market compared to 21 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN GROVE, IL 61031 save an estimated $26,000 compared to a typical 5% commission on the median listing price of $1,300,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.