Housing in River Grove, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$240,500

Median List Price

$220,000

Price Per Sq Ft

$216

Days on Market

47

Active Inventory

21

Months of Supply

2.3

Seller's market

Zillow Home Value

$290,434

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 20.9%List Price 19.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

44.4%

Off Market in 2 Weeks

60.0%

Sale-to-List Ratio

99.8%

Buyer's market

Sold Above Asking
44.4%
Under Contract in 2 Wks
60.0%
Listings with Price Drops
4.8%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

9

Pending Sales

10

Homes Sold 125.0%New Listings 10.0%Pending 16.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$216

Median List $/SF

$227

Sale $/SF 8.1%List $/SF 8.1%Mar 24Jan 26

River Grove vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. River Grove is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$244,700

Median Rent

$1,230

Total Housing Units

4,456

Vacancy Rate

7.8%

Owner Occupied

59.6%

Renter Occupied

40.4%

Median Property Tax

$5,699

per year

Monthly Cost (w/ Mortgage)

$1,189

Housing Types

Single Family
48.9%
Multi-Family
51.1%
Mobile Home
0.0%

The current median sale price in River Grove, IL is $240,500 according to Redfin data. Homes spend a median of 47 days on the market. 44.4% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $216. The median rent is $1,230 per month (Census ACS). About 59.6% of housing units are owner-occupied. The median year homes were built is 1961. There are 4,456 total housing units.