Population: 1,745 · Density: 15.0/mi² · Median household income: $72,639
Typical home value: $131,281 · Homeownership: 69.2%
Data as of January 2026. Source: Realtor.com.
The FRANKLIN GROVE, IL real estate market (61031) currently shows 3 active listings, with 1 pending sales. Homes are averaging 153 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 153 days on market compared to 58 days last year.
The median listing price has risen 507.5% year-over-year, from $179,000 to $1,087,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61031 | Franklin Grove, IL 61031 | 0.0 mi | 3 | $3,262,500 | $1,087,500 | $1,087,500 |
| 61021 | Dixon, IL 61021 | 8.3 mi | 51 | $15,142,206 | $207,000 | $296,906 |
| 61378 | West Brooklyn, IL 61378 | 11.0 mi | 2 | $383,000 | $191,500 | $191,500 |
| 61015 | Chana, IL 61015 | 12.7 mi | 1 | $349,900 | $349,900 | $349,900 |
| 61318 | Compton, IL 61318 | 14.7 mi | 2 | $464,900 | $232,450 | $232,450 |
| 61068 | Rochelle, IL 61068 | 15.2 mi | 24 | $7,197,456 | $277,450 | $299,894 |
| 61054 | Mount Morris, IL 61054 | 16.8 mi | 7 | $1,113,000 | $159,000 | $159,000 |
| 61353 | Paw Paw, IL 61353 | 19.0 mi | 3 | $843,900 | $245,000 | $281,300 |
| 61043 | Holcomb, IL 61043 | 19.5 mi | 1 | $229,900 | $229,900 | $229,900 |
| 61349 | Ohio, IL 61349 | 20.4 mi | 1 | $127,000 | $127,000 | $127,000 |
| 61084 | Stillman Valley, IL 61084 | 20.8 mi | 10 | $4,402,170 | $412,450 | $440,217 |
| 61071 | Rock Falls, IL 61071 | 21.1 mi | 29 | $5,026,570 | $125,000 | $173,330 |
| 61020 | Davis Junction, IL 61020 | 22.2 mi | 10 | $2,655,470 | $271,215 | $265,547 |
As of January 2026, there are 3 active listings in FRANKLIN GROVE, IL (zip code 61031), compared to 2 the prior year.
The median listing price in FRANKLIN GROVE, IL 61031 is $1,087,500 as of January 2026, a 507.5% increase from $179,000 the prior year.
Homes in FRANKLIN GROVE, IL 61031 spend an average of 153 days on the market before going under contract, compared to 58 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FRANKLIN GROVE, IL 61031 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 153 days on market compared to 58 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN GROVE, IL 61031 save an estimated $21,750 compared to a typical 5% commission on the median listing price of $1,087,500. 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.