Housing market · ZIP 61031
Franklin Grove, IL Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$190,478
3-month+3.1%
6-month+7.4%
12-month+16.1%
Touse 12-month forecast
+3.5%
Projected median near $197,209 over the next 12 months
As of April 2026, the median home value in Franklin Grove, IL (ZIP 61031) is $190,478. Prices are rising, up 16.1% over the past year. Touse's model projects a +3.5% change over the next 12 months, putting the median near $197,209.
Nearby areas in Lee
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.