Current Price

$160,512

1 Month Forecast

â–² $182,901

1-Year Forecast *

â–² $187,484

5-Year Forecast *

â–² $207,020

"Is it a good time to buy homes in Franklin Grove?" "Does investing in real estate in Franklin Grove (Illinois State, Lee County) worth it?" According to our live Forecast System, buying a house in Franklin Grove is a good short-term (1-year) investment*. The Franklin Grove average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Franklin Grove" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Franklin Grove in Illinois State, Lee County. If you are looking for homes for sale with good flipping profit, Franklin Grove can be a profitable property investment option. The median price of an average house in Franklin Grove was 160,512 USD on 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Franklin Grove" area is 207,020 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +28.98% meaning that investing 100000 USD today may yield a profit of 28,975 USD by 2031.

Current Median Listing Price: 160,512 USD Median Listing Price Per Square Foot: 89 USD

Franklin Grove Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Franklin Grove (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Franklin Grove Price Target

Franklin Grove median home price target in 12 months: $187,484* (upside of 16.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $168,934 $181,746 $168,934 $181,746
2024 $152,602 $160,512 $152,602 $162,843
2023 $145,755 $151,910 $145,198 $151,910
2022 $142,405 $146,236 $142,405 $150,558
2021 $131,936 $140,896 $131,936 $142,890
2020 $111,441 $128,544 $111,441 $128,544
2019 $113,125 $111,019 $110,731 $115,986
2018 $105,508 $111,191 $105,508 $111,191
2017 $81,727 $103,273 $81,727 $103,273
2016 $69,761 $81,153 $68,438 $81,153
2015 $66,760 $70,469 $63,358 $70,469
2014 $85,093 $68,234 $68,234 $85,093
2013 $111,890 $87,155 $87,155 $112,716
2012 $105,718 $110,818 $105,718 $111,127

Questions & Answers about the Franklin Grove Housing Market Forecast

How much does an average home cost in Franklin Grove today?

The value of an average home (the listing price) in Franklin Grove is $160,512 USD.

What is the average price per square foot in Franklin Grove?

According to Walletinvestor the median price per square foot in Franklin Grove is 89 USD.

Will the median listing price of homes in Franklin Grove grow / rise / go up?

Yes. The Franklin Grove home prices may rise from 160,512 USD to 187,484 USD in one year.

Is it profitable to invest in Franklin Grove homes?

Yes. The long-term profit potential is +16.80% in one year.

Will Franklin Grove house prices fall / drop?

No. See above.

What is the predicted price of a Franklin Grove home in 2030?

The predicted home sales price of a Franklin Grove home in 2030 in Franklin Grove is 199,167 USD.

What is the predicted price of a Franklin Grove home in 2035?

The predicted home sales price of a Franklin Grove home in 2035 in Franklin Grove is 234,757 USD.

Will real estate prices decrease in Franklin Grove?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Franklin Grove is the 14527. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Lee, Franklin Grove decreased, looking at the past 12 months.

According to Walletinvestor's Franklin Grove real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.497% to 160,512 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 16.194% in 2021
  • 18.354% in 2022
  • 17.704% in 2023
  • 18.124% in 2024
  • 15.244% in 2025
  • 17.194% in 2026

Based on our Franklin Grove real estate market research and report the predicted sales prices will increase by 372.702% in the next 10 years.

Over the last 12 months, the value of homes in Franklin Grove fluctuated: increasing 4 times .

Franklin Grove (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Franklin Grove Housing Market Forecast with Real Estate Prices for 2025
August 2025 182901 164611 201191
September 2025 184064 170443 197685
October 2025 185234 173750 196719
November 2025 185820 176529 195111
December 2025 186194 175209 197180
Franklin Grove Housing Market Forecast with Real Estate Prices for 2026
January 2026 185418 169658 201179
February 2026 184835 175039 194631
March 2026 184183 169817 198549
April 2026 183953 170525 197382
May 2026 185123 173830 196415
June 2026 186300 167856 204744
July 2026 187484 177923 197046
August 2026 188676 171507 205846
September 2026 188357 177055 199658
October 2026 187770 169932 205608
November 2026 186996 170540 203451
December 2026 186374 173142 199607
Franklin Grove Housing Market Forecast with Real Estate Prices for 2027
January 2027 185598 175947 195249
February 2027 184825 169115 200535
March 2027 184369 172570 196169
April 2027 184562 170535 198588
May 2027 183955 166295 201615
June 2027 183252 168042 198462
July 2027 183602 168363 198841
August 2027 184769 171096 198442
September 2027 185944 168651 203237
October 2027 187126 170098 204155
November 2027 188316 177394 199238
December 2027 189088 179066 199109
Franklin Grove Housing Market Forecast with Real Estate Prices for 2028
January 2028 188911 177954 199868
February 2028 188726 178912 198540
March 2028 189278 171676 206881
April 2028 189882 172603 207161
May 2028 190747 179111 202382
June 2028 191649 180725 202573
July 2028 192867 178402 207332
August 2028 194093 175460 212726
September 2028 195327 178725 211930
October 2028 196569 184775 208364
November 2028 195807 184646 206968
December 2028 194992 184462 205521
Franklin Grove Housing Market Forecast with Real Estate Prices for 2029
January 2029 194179 183694 204665
February 2029 193550 182905 204195
March 2029 194181 183889 204473
April 2029 195416 181150 209681
May 2029 196658 186235 207081
June 2029 197909 185242 210575
July 2029 199167 179449 218884
August 2029 200433 182595 218272
September 2029 201708 183554 219861
October 2029 202990 183300 222680
November 2029 204281 185691 222870
December 2029 205580 193862 217298
Franklin Grove Housing Market Forecast with Real Estate Prices for 2030
January 2030 206887 191163 222610
February 2030 208202 194877 221527
March 2030 208860 194867 222854
April 2030 209281 194422 224140
May 2030 208409 197572 219246
June 2030 207753 196742 218764
July 2030 207020 192529 221512
August 2030 206762 196217 217307
September 2030 208077 187685 228468
October 2030 209400 198930 219870
November 2030 210731 197455 224007
December 2030 212071 199983 224159
Franklin Grove Housing Market Forecast with Real Estate Prices for 2031
January 2031 211712 196045 227378
February 2031 211052 199444 222660
March 2031 210182 193998 226366
April 2031 209484 192725 226242
May 2031 208611 195260 221962
June 2031 207742 192577 222907
July 2031 207230 186507 227953
August 2031 207446 191058 223834
September 2031 206764 187535 225993
October 2031 205974 189290 222658
November 2031 206367 189651 223083
December 2031 207679 186911 228447
Franklin Grove Housing Market Forecast with Real Estate Prices for 2032
January 2032 209000 190399 227601
February 2032 210328 198340 222317
March 2032 211666 197061 226271
April 2032 212533 198293 226773
May 2032 212335 195560 229109
June 2032 212127 197490 226763
July 2032 212748 197217 228278

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.