Spring Grove, IL housing market
The typical Spring Grove home is worth about $426,000, up 6.6% in a year, 43% above the Illinois typical home.
Home values, sales, trends and how Spring Grove compares with the towns next door — updated as new data is published.
Spring Grove at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Spring Grove | Illinois |
|---|---|---|
| 2017 | $238,000 | $181,000 |
| 2018 | $250,000 | $190,000 |
| 2019 | $251,000 | $195,000 |
| 2020 | $258,000 | $200,000 |
| 2021 | $286,000 | $215,000 |
| 2022 | $323,000 | $236,000 |
| 2023 | $343,000 | $248,000 |
| 2024 | $365,000 | $263,000 |
| 2025 | $390,000 | $278,000 |
| 2026 | $413,000 | $290,000 |
| August 2026 | $426,000 | $298,000 |
11 new homes permitted in 2025
Builders were permitted 11 new homes in Spring Grove in 2025, all single-family houses, worth about $7.3 million to build. That's 1.9 per 1,000 residents, about the pace of Illinois as a whole. Over the past 10 years, Spring Grove has permitted 92 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Spring Grove's population fell by 291 even though 50 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 5 | 5 | 0 | $3.4 million |
| 2025 | 11 | 11 | 0 | $7.3 million |
| 2024 | 8 | 8 | 0 | $3.3 million |
| 2023 | 11 | 11 | 0 | $4.8 million |
| 2022 | 15 | 15 | 0 | $4.5 million |
| 2021 | 10 | 10 | 0 | $3.6 million |
| 2020 | 8 | 8 | 0 | $2.4 million |
| 2019 | 9 | 9 | 0 | $2.5 million |
| 2018 | 4 | 4 | 0 | $1.1 million |
| 2017 | 8 | 8 | 0 | $2.3 million |
| 2016 | 8 | 8 | 0 | $2.3 million |
| 2015 | 2 | 2 | 0 | $528,000 |
| 2014 | 2 | 2 | 0 | $525,000 |
| 2013 | 6 | 6 | 0 | $1.5 million |
| 2012 | 2 | 2 | 0 | $408,000 |
| 2011 | 4 | 4 | 0 | $908,000 |
| 2010 | 5 | 5 | 0 | $1.6 million |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 10 | 10 | 0 | $3.2 million |
| 2007 | 29 | 29 | 0 | $10 million |
| 2006 | 55 | 55 | 0 | $18.3 million |
| 2005 | 60 | 60 | 0 | $16.5 million |
| 2004 | 71 | 71 | 0 | $15.8 million |
| 2003 | 117 | 117 | 0 | $26.9 million |
| 2002 | 109 | 109 | 0 | $22.6 million |
| 2001 | 76 | 76 | 0 | $14.9 million |
| 2000 | 81 | 81 | 0 | $16 million |
How Spring Grove ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Spring Grove and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Spring Grove | $426K | +6.6% | $1,520 | 11 | $134,210 |
| Fox Lake | $259K | +4.7% | $1,560 | 305 | $70,819 |
| Pistakee Highlands | — | +5.1%† | $2,010 | — | $102,986 |
† FHFA price index change, where Zillow has no home value for the town.
3.2 years of income
The typical Spring Grove home costs about 3.2 years of the town's median household income, less than across Illinois (3.6 years).
How Spring Grove ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,520
HUD's Fair Market Rent for a two-bedroom in Spring Grove is $1,520 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 14% of the town's median household income.
Studio $1,250 · 4 bedrooms $2,260
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (60081; Chicago-Joliet-Naperville, IL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.