Data as of September 2026. Source: Realtor.com.
The FRANKLIN GROVE, IL real estate market (61031) currently shows 4 active listings, with 1 pending sales. Homes are averaging 113 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 113 days on market compared to 121 days last year.
The median listing price has risen 8.8% year-over-year, from $474,000 to $515,625.
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 September 2026, there are 4 active listings in FRANKLIN GROVE, IL (zip code 61031), compared to 4 the prior year.
The median listing price in FRANKLIN GROVE, IL 61031 is $515,625 as of September 2026, a 8.8% increase from $474,000 the prior year.
Homes in FRANKLIN GROVE, IL 61031 spend an average of 113 days on the market before going under contract, compared to 121 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FRANKLIN GROVE, IL 61031 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 113 days on market compared to 121 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN GROVE, IL 61031 save an estimated $10,313 compared to a typical 5% commission on the median listing price of $515,625. 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.