Altos Market Data for Realtors

Spring Grove, IL

Single-Family Homes

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Spring Grove, IL

Tue May 30 2023
This week the median list price for Spring Grove, IL is $459,900 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has increased to 15. Click here to stay informed with the Spring Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Spring Grove, IL

Tue May 30 2023
This week the median list price for Spring Grove, IL is $459,900 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has increased to 15. Click here to stay informed with the Spring Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Spring Grove market.
Median List Price $459,900
Median Price of New Listings $199,900
Per Square Foot $155
Average Days on Market 141
Median Days on Market 14
Price Decreased 27%
Price Increased 7%
Relisted 27%
Inventory 15
Median Rent
Market Action 60
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$795,000 5,447 1 - 2.5 acres 4 4.5 17 0 0 21
$639,450 3,238 1 - 2.5 acres 4 3.5 17 1 0 423
$397,000 2,384 1 - 2.5 acres 3 2.3 50 0 0 14
$194,900 1,131 0.25 - 0.5 acre 2 1.3 61 2 1 3