Mulberry Grove, IL 62262 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mulberry Grove, IL—62262

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$149,000

5.7% YoY Growth

Household Income

$58,700

41.0% YoY Growth

Days on Market

41.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Mulberry Grove, IL

As of Dec '25, the median home price in Mulberry Grove, IL is $149,000, with a year-over-year change of -5.7%. This indicates that home prices in Mulberry Grove, IL are decreasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$149,000	-5.7%
Single Family	$149,000	-4.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Mulberry Grove, IL

Mulberry Grove, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

7.4%

1 Bedroom

7.4%

2 Bedrooms

24.0%

3 Bedrooms

54.5%

4 Bedrooms

6.6%

Property Listings — Mulberry Grove, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Mulberry Grove, IL is 16. This is a decrease of -24.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$65,000	-48.0%
Listing Count	3	250.0%
Listings as % of Homes	0.2%	250.0%
Days on Market	37	-41.0%

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Demographics — Mulberry Grove, IL

As of the latest ACS Survey released in 2023, Mulberry Grove, IL has a population of 1,890, which has increased by 25.5% over the past 5 years. Mulberry Grove, IL is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 13.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,890	25.5%
% Under 18	20.9%	14.8%
% Seniors	22.0%	0.0%
% WFH	9.5%	72.7%
% w/ College Degree	13.0%	28.7%

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As of the latest ACS Survey released in 2023, Mulberry Grove, IL is a predominantly white area, with 86.9% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Mulberry Grove, IL is black, making up 3.8% of the population. Foreign-born residents account for 0.1% of the population in Mulberry Grove, IL, and this percentage has decreased by 96.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	86.9%	-4.8%
% Black	3.8%	-30.9%
% Hispanic	0.8%	∞%
% Asian	0.0%	-100.0%
% Foreign Born	0.1%	-96.9%

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Mortgage and Risk — Mulberry Grove, IL

Mulberry Grove, IL lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Mulberry Grove, IL

Mulberry Grove, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	6
Total Units Section 8	6
% Rentals under Section 8	4.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$850
2 Bedroom	N/A	N/A	$960
3 Bedroom	N/A	N/A	$1,180
4 Bedroom	N/A	N/A	$1,270

Mulberry Grove, IL—62262

Key Metrics at a Glance

Home Price Trends — Mulberry Grove, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mulberry Grove, IL

% of Rental Stock

Property Listings — Mulberry Grove, IL

Demographics — Mulberry Grove, IL

Race and Ethnicity

Mortgage and Risk — Mulberry Grove, IL

Mortgages

Rentals and Section 8 — Mulberry Grove, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Mulberry Grove, IL

Home Price to Income Ratio

Mulberry Grove, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Smithboro, IL

Greenville, IL

Keyesport, IL

Donnellson, IL

Patoka, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$149,000
Median Household Income	$58,700

Mulberry Grove, IL—62262

Key Metrics at a Glance

Home Price Trends — Mulberry Grove, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mulberry Grove, IL

% of Rental Stock

Property Listings — Mulberry Grove, IL

Demographics — Mulberry Grove, IL

Race and Ethnicity

Mortgage and Risk — Mulberry Grove, IL

Mortgages

Rentals and Section 8 — Mulberry Grove, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Mulberry Grove, IL

Home Price to Income Ratio

Mulberry Grove, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Smithboro, IL

Greenville, IL

Keyesport, IL

Donnellson, IL

Patoka, IL

Frequently Asked Questions

What is the average home price in Mulberry Grove, IL 62262?

How have home prices in Mulberry Grove, IL 62262 changed over the past year?

What is the home price projection for Mulberry Grove, IL 62262?

What are the demographics of Mulberry Grove, IL 62262?

How long does it take homes to sell in Mulberry Grove, IL 62262?

What is the average rent price in Mulberry Grove, IL 62262?