Housing Prices in Prairie Grove, IL

How much do homes in Prairie Grove, IL cost?

Median List Price

$497,000

$192/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$10,812(+2.2%)

Key Takeaway

The list price of homes in Prairie Grove has increased by 2.2% since last year.

Summary: The median home list price in Prairie Grove was $497,000 in October 2024, up 2.2% from the previous year, and the median price per square foot was $192.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $275K$280K
+1.8%
3 $361.7K$357K
-1.3%
4 $546.2K$599K
+9.7%
5+ $569.4K$644K
+13.1%

Summary: Prairie Grove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 13.1%.

Median List Price Compared To Nearby Cities

McHenry
+11.0%
Crystal Lake
+8.8%
Nunda Township
+5.2%
Oakwood Hills
+4.0%
Prairie Grove
+2.2%

Housing Supply in Prairie Grove, IL

How many homes are available in Prairie Grove, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1213+8.3%

Summary: The Prairie Grove real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 56
+20.0%
4 34
+33.3%
5+ 12
+100.0%

Summary: The Prairie Grove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Days on Market for Prairie Grove, IL

How long does it take to sell a home in Prairie Grove, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
166 Days133 Days-19.9%

Summary: Homes in Prairie Grove had an average listing age of 133 days in Oct 2024, down by 19.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Prairie Grove, IL

Nearby Markets to Prairie Grove, IL

What housing markets are near Prairie Grove, IL?