Photo: IvoShandor · CC BY-SA 3.014 homes sold in Franklin Grove Township in the last year, at a typical $250K
Redfin reports Franklin Grove Township’s sales by ZIP code, so these figures are for ZIP 61031, which takes in Franklin Grove Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Franklin Grove Township homes are listed.
Every place Franklin Grove Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Franklin Grove Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Franklin Grove Township’s sales, at a typical $211K (year to May 2026)
14 homes sold in the year to September 2026.
typical sale · 15 sold in the year to May 2026
- Per square foot
- $114IL $180
- Days to sell
- 63
- Sold over asking
- 24%
About as many homes sell as usual, at 3.3 times the 2016 price
14 sales in the last year, against 20 in 2022 and a low of 7 in 2014. The typical sale went from $76K in 2016 to $250K.
Source: Redfin Data Center, MLS sales; for ZIP 61031, which takes in Franklin Grove Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $250K buys in Franklin Grove Township
Check a listing against what Franklin Grove Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Franklin Grove Township home costs about $1,661 a month
Price: Franklin Grove Township’s typical sale, last 12 months. Property tax at Franklin Grove Township’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Franklin Grove Township is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $250K home, about $4,280 a year.
Taxes vs. neighborsSchools
The schools grade for Franklin Grove Township, from test results, graduation and how much students grow.
Schools in Franklin Grove TownshipTypical commute
The average one-way trip to work for people who live in Franklin Grove Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Franklin Grove Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Franklin Grove Township. People who follow the town see it, and so do people comparing Franklin Grove Township with their own town. No commission, no listing fee.
Questions about buying a home in Franklin Grove Township
What do homes sell for in Franklin Grove Township, IL?
14 homes sold in the year to September 2026 at a typical $250K, $116 a square foot.
Is Franklin Grove Township a buyer’s or seller’s market?
A seller’s market: 2 homes were for sale in September 2026 and 1 sold, about 1.5 months of supply. Buyers paid 95.4% of asking on average.
How much are property taxes in Franklin Grove Township?
About 1.7% of a home’s value a year. On a $250K home that’s near $4,280.
Where can I see homes for sale in Franklin Grove Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Franklin Grove Township’s MLS listings; the search links above open each one filtered to Franklin Grove Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 61031, which takes in Franklin Grove Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).