Sugar Grove, IL—60554
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sugar Grove, IL
As of Oct '25, the median home price in Sugar Grove, IL is $442,000, with a year-over-year change of 5.7%. This indicates that home prices in Sugar Grove, IL are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $442,000 | 5.7% |
| Single Family | $450,000 | 5.4% |
| Condos | $300,000 | 7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $294,000 | 6.5% |
3 Bed | $375,000 | 4.2% |
4 Bed | $490,000 | 3.6% |
| 5 Bed | $551,000 | 3.8% |
% of Housing Stock
Rental Trends — Sugar Grove, IL
As of July '25, Rentcast reports the average rent in Sugar Grove, IL is $2,790, with a year-over-year rent change of 65.1%. Per bedroom, the median rent as of July '25 in Sugar Grove, IL is 2-bedrooms: $2,170. The most common rental property sizes in Sugar Grove, IL are 3-bedroom and 1-bedroom, accounting for 40.8% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,000 | $2,170 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sugar Grove, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Sugar Grove, IL is 24. This is a decrease of -21.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $484,000 | 7.0% |
Listing Count | 44 | 8.0% |
| Listings as % of Homes | 0.4% | 8.0% |
Days on Market | 24 | -21.0% |
Demographics — Sugar Grove, IL
As of the latest ACS Survey released in 2023, Sugar Grove, IL has a population of 12,100, which has remained stable by -0.9% over the past 5 years. Sugar Grove, IL is a moderately popular place for families, as children make up 23.9% of the population. The area has a highly educated workforce, with 46.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,100 | -0.9% |
% Under 18 | 23.9% | 29.9% |
% Seniors | 24.7% | 42.8% |
% WFH | 23.5% | 305.2% |
% w/ College Degree | 46.1% | 2.2% |
As of the latest ACS Survey released in 2023, Sugar Grove, IL is a predominantly white area, with 88.5% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Sugar Grove, IL is hispanic, making up 6.1% of the population. Foreign-born residents account for 3.4% of the population in Sugar Grove, IL, and this percentage has decreased by 34.6% 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 | 88.5% | 4.1% |
% Black | 0.7% | -86.5% |
% Hispanic | 6.1% | -12.9% |
% Asian | 2.1% | -19.2% |
% Foreign Born | 3.4% | -34.6% |
Mortgage and Risk — Sugar Grove, IL
According to HUD data as of 2023, there were 330 mortgage originations in Sugar Grove, IL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Sugar Grove, IL. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 330 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Sugar Grove, IL
Sugar Grove, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,330 |
| 2 Bedroom | -$500 | $2,000 | $1,500 |
| 3 Bedroom | N/A | N/A | $1,930 |
| 4 Bedroom | N/A | N/A | $2,260 |
Affordability — Sugar Grove, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $442,000 |
| Median Household Income | $116,000 |