Prairie Grove Home Prices & Values

$310,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.6% 1-year change
  • -1.0% 1-year forecast

The median home value in Prairie Grove is $310,600. Prairie Grove home values have gone up 2.6% over the past year and Zillow predicts they will fall -1.0% within the next year. The median price of homes currently listed in Prairie Grove is $529,900 while the median price of homes that sold is $200,500. The median rent price in Prairie Grove is $1,445, which is lower than the Chicago Metro median of $1,475.

Relative ZHVI
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Prairie Grove Market Overview

Data through Feb 28, 2014
  • $310,600 ZHVI
  • -1.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Feb 28, 2015)
  • $529,900 Median listing price
  • No recent data Median sale price
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Prairie Grove Market Health

Data through Feb 28, 2014
  • 0.1/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region’s housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (19.4% US Avg)
  • No data Delinquent on mortgage (8.0% US Avg)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Port Barrington $225,800 Johnsburg $209,700 Fox River Grove $193,200
Cary $185,500 Oakwood Hills $173,100 Crystal Lake $162,300
McHenry $136,900 Lakemoor $136,700 Island Lake $129,200

Listings & Sales

Data through Feb 28, 2014
  • $142 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 26.7% Listings with price cut
9.1%
Sold below listing
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Prairie Grove Rentals

Data through Feb 28, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,231 Prairie Grove
$1,615 Chicago Metro
$1,310 United States
  • No recent data Breakeven horizon
  • No recent data Rent list price
  • No data Rent list price / sq ft
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