Groveland, IL Home Values & Market Trends

Real estate market trends reflect that there have been 34 transactions over the past year in Groveland. The median value for residential home transactions that occurred over the previous year is $250,253. The number of current listings in Groveland is 4, and the percentage of properties for sale in the city is 4.00%. Groveland, IL currently has 2 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Groveland, IL Real Estate Market Overview

ZipMedian Est. Value
61535

$ 484,421

$ 140/sqft

Housing Market Summary for Groveland, IL

Apr 2023March 2024Change
Median Listing Price$575K$271K-52.87%
Median Sold Price$0$271K-
Homes For Sale54-20.00%
Homes Sold027-
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Groveland, IL

Groveland home values range from $37,540 to $1,053,772. The median estimated value of a home in Groveland is $250,253. The median list price of a home is 522,450, and the total count of properties in the city is 704.

Foreclosure
There is 1 zips within Groveland, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $268,451 in 61535 to the lowest value of $228,825 in 61535. Foreclosure homes account for 0.00% of properties in Groveland, IL with 61535 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.28% of all residential properties in Groveland, IL with 61535 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Groveland, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $268,451 in 61535 to the lowest home value of $228,825 in 61535.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Groveland, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Groveland, IL. There is 1 zips within Groveland, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Groveland, IL. Auction homes and other auction properties account for 0% of all properties in Groveland, IL. There is 1 zips within Groveland, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.57% of residential properties in Groveland, IL with 61535 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Groveland, IL; homes for sale in that zips, have a range of median values from $968,773 in 61535 to the lowest value of $221,750 in 61535.
    Sold Homes
    The median value for recently sold homes ranges from $889,218 in 61535 to the lowest price of $60,084 in 61535. There is 1 zips within Groveland, IL. 61535 has 25 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.55% of properties in Groveland, IL.

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      Guide for Groveland, IL

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      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      Las Vegas Market Report – April 2024
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      Recently Listed Homes Groveland, IL

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