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Housing in Pingree Grove

301 homes sold in Pingree Grove in the last year, at a typical $355K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Pingree Grove homes are listed.

Homes for sale in Pingree GroveZillowRedfinRealtor.comMore places to look ↓
Homes sold
301
June 2025 to May 2026
Typical sale price
$355K
houses $426K · condos $244K
Price per square foot
$197
Illinois $193
Paid vs. asking
99.8%
22% sold over asking
For sale now
88
May 2026 · 27 sold that month
What sold · last 12 months

5% of Pingree Grove’s sales are condos, at $181K less than a house

130 houses and 15 condos sold in the year to May 2026. Condos sell faster and draw more bidding wars.

Houses$426K

typical sale · 130 sold in 12 months

Per square foot
$203IL $180
Days to sell
85
Sold over asking
17%
Listings with a price cut
31%
Condos$244K

typical sale · 15 sold in 12 months

Per square foot
$205IL $251
Days to sell
60
Sold over asking
27%
Listings with a price cut
67%
Fewer sales

Townhouses: 156 sold, typical $312K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

301 sales in the last year, against 396 in 2020 and a low of 117 in 2012. The typical sale went from $202K in 2016 to $355K.

Homes soldTypical sale price
0100200300400$175K$250K$325K$400K2012: 117 sold, typical $150K’122013: 164 sold, typical $152K2014: 172 sold, typical $196K’142015: 176 sold, typical $194K2016: 244 sold, typical $202K’162017: 272 sold, typical $231K2018: 342 sold, typical $219K’182019: 293 sold, typical $213K2020: 396 sold, typical $216K’202021: 389 sold, typical $255K2022: 346 sold, typical $300K’222023: 271 sold, typical $325K2024: 282 sold, typical $319K’242025: 356 sold, typical $354KLast 12 months: 301 sold, typical $355KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Pingree Grove

Houseat $203 a sq ft
Condoat $205 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Pingree Grove 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.

What the sales history says · 14 years of sales

Bidding wars in Pingree Grove are more common than before the pandemic, with about as many homes for sale

We read every month of Pingree Grove’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 301 sales.

If you’re buying in Pingree Grove

  • Shop in March. It brings about 33 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
  • Some room to negotiate. 26% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99.8% of the list price on average; 22% paid over.
  • You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 64 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 37 a month), but July is the most competitive: 33% of July sales close over asking. March offers nearly as much choice with fewer homes bid up (22%). February has the least competition (16%).

New listings a monthShare sold over asking
01020304013%27%40%Sweet spotJan: 23 new listings a month, 17% sold over asking, 67 days to sellJFeb: 25 new listings a month, 16% sold over asking, 81 days to sellFMar: 33 new listings a month, 22% sold over asking, 67 days to sellMApr: 37 new listings a month, 28% sold over asking, 52 days to sellAMay: 37 new listings a month, 32% sold over asking, 47 days to sellMJun: 34 new listings a month, 31% sold over asking, 42 days to sellJJul: 36 new listings a month, 33% sold over asking, 43 days to sellJAug: 34 new listings a month, 26% sold over asking, 51 days to sellASep: 29 new listings a month, 23% sold over asking, 43 days to sellSOct: 27 new listings a month, 25% sold over asking, 53 days to sellONov: 22 new listings a month, 23% sold over asking, 54 days to sellNDec: 16 new listings a month, 17% sold over asking, 58 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Illinois

Pingree Grove now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price22%16%46%37%
Gone within two weeksShare of homes under contract within 14 days34%30%54%46%
Listings with a price cutShare of homes for sale that cut their price26%23%29%19%
Price paid vs. askingAverage sale price ÷ list price99.8%98.6%100.7%99.2%
Days to sellMedian days from listing to contract64761349
Supply

91 homes for sale on a typical day

That’s 2.5 times the 2021 low (36) and about the 2017–19 level.

2012: 56 for sale’122013: 50 for sale2014: 55 for sale2015: 57 for sale’152016: 63 for sale2017: 80 for sale2018: 92 for sale’182019: 87 for sale2020: 62 for sale2021: 36 for sale’212022: 61 for sale2023: 45 for sale2024: 65 for sale’242025: 85 for saleLast 12 months: 91 for saleNow
Room to negotiate

1 in 4 listings has cut its price

26% in the last year, against 23% in 2017–19 and 19% across Illinois.

2015: 28%’152016: 25%2017: 21%2018: 25%’182019: 24%2020: 22%2021: 29%’212022: 31%2023: 25%2024: 24%’242025: 27%Last 12 months: 26%Now
Prices by type

Since 2019, houses are up 53%, condos 50%

A house typically sold for $426K in the last year (130 sales), a condo for $244K (15).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $202K, 76 salesHouses 2014: $238K, 94 salesHouses 2015: $245K, 89 salesHouses 2016: $246K, 112 salesHouses 2017: $269K, 151 salesHouses 2018: $268K, 172 salesHouses 2019: $278K, 141 salesHouses 2020: $286K, 188 salesHouses 2021: $326K, 165 salesHouses 2022: $381K, 149 salesHouses 2023: $394K, 129 salesHouses 2024: $409K, 108 salesHouses 2025: $417K, 173 salesHouses last 12 months: $426K, 130 salesHouses $426KCondos 2013: $92K, 19 salesCondos 2014: $106K, 25 salesCondos 2015: $156K, 18 salesCondos 2016: $140K, 20 salesCondos 2017: $112K, 6 salesCondos 2018: $137K, 15 salesCondos 2019: $163K, 12 salesCondos 2020: $131K, 21 salesCondos 2021: $166K, 17 salesCondos 2022: $198K, 23 salesCondos 2023: $207K, 10 salesCondos 2024: $237K, 20 salesCondos 2025: $234K, 21 salesCondos last 12 months: $244K, 15 salesCondos $244K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Pingree Grove ranks 300th of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Pingree Grove is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Pingree Grove home costs about $2,534 a month

Mortgage
Property tax
Insurance
Rent

Price: Pingree Grove’s typical sale, last 12 months. Property tax at Pingree Grove’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Pingree Grove is affordable on local pay is on Cost of living.

Before you buy in Pingree Grove

Six things worth knowing

37

New listings in May

The month with the most choice. December has the fewest, about 16.

Best time to buy
2.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $355K home, about $8,180 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Pingree Grove, from test results, graduation and how much students grow.

Schools in Pingree Grove
32 min

Typical commute

The average one-way trip to work for people who live in Pingree Grove.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Gilberts and Sleepy Hollow sell for less a square foot

The busier markets within 25 miles of Pingree Grove, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Elgin1,177$338K$20139%52
Huntley634$410K$21831%55
Pingree Grove301$355K$19722%64
Hampshire198$373K$19526%70
Gilberts116$407K$18032%59
West Dundee82$414K$20141%63
Sleepy Hollow41$477K$19032%65

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Pingree Grove, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Pingree Grove. People who follow the town see it, and so do people comparing Pingree Grove with their own town. No commission, no listing fee.

Questions about buying a home in Pingree Grove

What do homes sell for in Pingree Grove, IL?

301 homes sold in the year to May 2026 at a typical $355K, $197 a square foot. Houses sold for about $426K, condos for about $244K.

Is Pingree Grove a buyer’s or seller’s market?

A seller’s market: 88 homes were for sale in May 2026 and 27 sold, about 3.3 months of supply. Buyers paid 99.8% of asking on average, and 26% of listings cut their price.

When is the best time to buy in Pingree Grove?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Pingree Grove?

About 2.3% of a home’s value a year. On a $355K home that’s near $8,180.

Where can I see homes for sale in Pingree Grove?

Zillow, Redfin, Realtor.com and Homes.com all carry Pingree Grove’s MLS listings; the search links above open each one filtered to Pingree Grove.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).