Fox River Grove, IL—60021
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fox River Grove, IL
As of Oct '25, the median home price in Fox River Grove, IL is $344,000, with a year-over-year change of 4.5%. This indicates that home prices in Fox River Grove, IL are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | 4.6% |
| Single Family | $353,000 | 4.7% |
| Condos | $198,000 | -14.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $266,000 | 6.0% |
3 Bed | $339,000 | 4.6% |
4 Bed | $436,000 | 5.1% |
| 5 Bed | $552,000 | 4.5% |
% of Housing Stock
Rental Trends — Fox River Grove, IL
As of July '25, Rentcast reports the average rent in Fox River Grove, IL is $2,260, with a year-over-year rent change of -2.2%. Per bedroom, the median rent as of July '25 in Fox River Grove, IL is 2-bedrooms: $2,240, 3-bedrooms: $2,100, 4-bedrooms: $2,450. The most common rental property sizes in Fox River Grove, IL are 5+ bedroom and 1-bedroom, accounting for 47.2% and 21.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $2,240 |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | $2,450 | $2,450 |
% of Rental Stock
Property Listings — Fox River Grove, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Fox River Grove, IL is 42. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $354,000 | -6.0% |
Listing Count | 19 | 56.0% |
| Listings as % of Homes | 0.3% | 56.0% |
Days on Market | 42 | 31.0% |
Demographics — Fox River Grove, IL
As of the latest ACS Survey released in 2023, Fox River Grove, IL has a population of 5,110, which has decreased by -7.9% over the past 5 years. Fox River Grove, IL is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 42.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,110 | -7.9% |
% Under 18 | 22.9% | -0.9% |
% Seniors | 11.5% | 21.1% |
% WFH | 21.8% | 59.1% |
% w/ College Degree | 42.2% | -13.2% |
As of the latest ACS Survey released in 2023, Fox River Grove, IL is a predominantly white area, with 83.6% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Fox River Grove, IL is hispanic, making up 12.5% of the population. Foreign-born residents account for 8.2% of the population in Fox River Grove, IL, and this percentage has increased by 3.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.6% | -6.6% |
% Black | 0.0% | N/A |
% Hispanic | 12.5% | 62.3% |
% Asian | 3.0% | 130.8% |
% Foreign Born | 8.2% | 3.8% |
Mortgage and Risk — Fox River Grove, IL
According to HUD data as of 2023, there were 115 mortgage originations in Fox River Grove, IL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Fox River Grove, IL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 115 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Fox River Grove, IL
Fox River Grove, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,220 |
| 2 Bedroom | $710 | $1,800 | $2,510 |
| 3 Bedroom | $1,120 | $2,100 | $3,220 |
| 4 Bedroom | $1,340 | $2,450 | $3,790 |
Affordability — Fox River Grove, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $344,000 |
| Median Household Income | $122,000 |