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Housing in Indian Grove

A typical Indian Grove home is worth roughly $164,000

Typical home value
$164K
IL $298K
Estimate
2-bedroom rent
$980
a month, utilities in · HUD
Median tax bill
$3,454
IL $5,298

What kind of housing town is Indian Grove?

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

★ What stands out · Affordability

A typical home costs 2.2 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$250,000
Typical Indian Grove home $164K

That covers a typical Indian Grove home, with $86K to spare.

The typical home, each month
$1,150
Loan $810Tax $290Insurance $50

A two-bedroom rents for about $980 a month here, $170 less than owning.

Where your budget reaches nearby

How Indian Grove ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Indian Grove’s typical property tax (2.11% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $980

Renters already here pay a median of $778, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$700
1 bedroom$760
2 bedrooms$980
3 bedrooms$1,290
4 bedrooms$1,290
29%
of households rent · IL 33%
433
renter households
37%
of renters spend 30%+ of income on rent · IL 48%
16%
of the median income, for a two-bedroom
$778
median rent paid today · Census

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

The homes

71% of Indian Grove households own their home

Half of Indian Grove’s homes were built before 1964.

Owners and renters
Own 71%Rent 29%

Illinois: 67% own.

1964
typical home built · IL 1971
$3,454
median property tax bill · IL $5,298
2.11%
of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Indian Grove vs. its neighbors

The towns that share a border with Indian Grove. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Indian Grove$164K*—$980$75,213
Yates—−4.8%†$1,070—
Forrest$180K+10.3%$960$86,196

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 Indian Grove buyers, sellers and renters are saying.

Town Square →
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Is Indian Grove still affordable for young families?

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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. 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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