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Housing in Bear Grove

A typical Bear Grove home is worth roughly $133,000

Home prices around Bear Grove have risen about 22% over the past 5 years.

Typical home value
$133K
▼ 3.5% in a year · IL $298K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$2,586
IL $5,298

What kind of housing town is Bear Grove?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Bear Grove

Try your own numbers below.

You could afford about
$282,000
Typical Bear Grove home $133K

That covers a typical Bear Grove home, with $149K to spare.

The typical home, each month
$910
Loan $660Tax $220Insurance $40

A two-bedroom rents for about $970 a month here, $60 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bear Grove’s typical property tax (1.94% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 22% in 5 years

The federal house price index for the ZIP codes around Bear Grove rose 22% over the past 5 years, slower than across Illinois (47%). Last year prices fell 3.5%.

Bear Grove areaIllinois
0%+50%+100%200020052010201520202025
−3.5%
past year
+22%
past 5 years
+34%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Bear Grove, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $1,731.

Fair Market Rent a month, utilities included

Studio$740
1 bedroom$820
2 bedrooms$970
3 bedrooms$1,240
4 bedrooms$1,350
28%
of households rent · IL 33%
28
renter households
$1,731
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bond County, IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

72% of Bear Grove households own their home

Half of Bear Grove’s homes were built before 1962.

Owners and renters
Own 72%Rent 28%

Illinois: 67% own.

1962
typical home built · IL 1971
$2,586
median property tax bill · IL $5,298
1.94%
of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Bear Grove vs. its neighbors

Bear Grove is the 2nd least expensive of 6 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Bear Grove$133K*−3.5%†$970——
Shafter$291K*−3.5%†$940—$93,125
Seminary$194K*—$990—$39,617
Vandalia$133K−4.2%$920—$50,709
Mulberry Grove$168K+8.7%$1,060—$56,901
Mulberry Grove$89K*—$1,0900$57,386

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Bear Grove buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Bear Grove still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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