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Housing in Walnut Grove

A typical Walnut Grove home is worth roughly $142,000

Typical home value
$142K
IL $298K
Estimate
2-bedroom rent
$990
a month, utilities in · HUD
Median tax bill
$3,017
IL $5,298

What kind of housing town is Walnut Grove?

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

★ What stands out · Affordability

A typical home costs 2.4 years of income

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

You could afford about
$193,000
Typical Walnut Grove home $142K

That covers a typical Walnut Grove home, with $51K to spare.

The typical home, each month
$990
Loan $700Tax $250Insurance $40

A two-bedroom rents for about $990 a month here, $0 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Walnut Grove’s typical property tax (2.13% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

95% of Walnut Grove households own their home

Half of Walnut Grove’s homes were built before 1938.

Owners and renters
Own 95%Rent 5%

Illinois: 67% own.

1938
typical home built · IL 1971
$3,017
median property tax bill · IL $5,298
2.13%
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.

Renting

A two-bedroom rents for about $990

Renters already here pay a median of $940.

Fair Market Rent a month, utilities included

Studio$740
1 bedroom$750
2 bedrooms$990
3 bedrooms$1,290
4 bedrooms$1,420
5%
of households rent · IL 33%
12
renter households
$940
median rent paid today · Census

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

Next door

Walnut Grove vs. its neighbors

Walnut Grove is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Walnut Grove$142K*—$990$57,917
Ontario$113K*—$1,020$72,375
Galva$115K+1.6%$990$55,568

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 Walnut Grove buyers, sellers and renters are saying.

Town Square →
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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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