The housing market in Spring Grove, IL is doing well with a median value of $312,100. This is significantly lower than the US median value of $338,100. The 1-year house appreciation for the US was 8.27%, while Spring Grove has seen an even higher appreciation of 8.83%. This indicates that the housing market in this area is strong and may be a great opportunity for potential buyers.
The median home cost in Spring Grove is $312,100. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Spring Grove is up 14.5%.
Average Age of Homes
- The median age of Spring Grove real estate is 20 years old
The Rental Market in Spring Grove
- Renters make up 5.0% of the Spring Grove population
- 0.0% of houses and apartments in Spring Grove, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.