Oak Grove, IL

Balanced market

Housing market overview · Updated weekly

$203,500median sale price

Homes sold

1

Last 12 weeks

Days on market

90

Average pace

Active listings

Sale-to-list

101.8%

Above asking

Oak Grove, IL housing market analysis

The Oak Grove housing market is currently classified as a balanced market with a median sale price of $203,500. Homes in Oak Grove spend an average of 90 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.

Whether you're a first-time homebuyer evaluating Oak Grove as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Oak Grove with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.

Market trends

Zip codes in Oak Grove, IL

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Frequently asked questions

What is the average home price in Oak Grove?

The median home sale price in Oak Grove is $203,500, down 0.0% from last year.

How long do homes stay on market in Oak Grove?

Homes typically spend 90 days on market before going under contract.

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