A typical Round Grove home is worth roughly $166,000
Home prices around Round Grove have risen about 63% over the past 5 years.
What kind of housing town is Round Grove?
Read from the numbers below. The page puts what stands out first.
Home prices up 63% in 5 years
The federal house price index for the ZIP codes around Round Grove rose 63% over the past 5 years, faster than across Illinois (47%). Last year prices rose 14%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Round Grove, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
What it takes to buy in Round Grove
Try your own numbers below.
That covers a typical Round Grove home, with $114K to spare.
A two-bedroom rents for about $1,390 a month here, $240 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
85% of Round Grove households own their home
Half of Round Grove’s homes were built before 1955.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,390
Renters already here pay a median of $957, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Grundy 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.
Round Grove vs. its neighbors
The towns that share a border with Round Grove. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Round Grove | $166K* | +14.3%† | $1,390 | $96,667 |
| Dwight | $211K | +12% | $1,350 | $70,313 |
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 Round Grove buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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.