Market Overview
Home Prices in Leland Grove, IL
The median home value in Leland Grove, IL is $335,154 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Leland Grove are priced18% below average. Leland Grove is part of the Springfield, IL metro area.
Over the past five years, Leland Grove home values have risen by approximately26.0%, reflecting strong long-term appreciation in this market.
Price History
Leland Grove Home Price Trend
City Comparison
Leland Grove vs. National Median
At $335,154, homes in Leland Grove cost 18% below the national median of $410,000. This makes Leland Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Leland Grove?
20% Down Payment
$67,031
on $335,154
Monthly P&I
$1,748/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,220/mo
incl. taxes & insurance
Income Needed
$88,800
gross annual (30% rule)
10% Down Option
$33,515
+ PMI applies
Loan Amount (20% dn)
$268,123
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Leland Grove, IL?
The median home value in Leland Grove is $335,154 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Leland Grove?
Over the past year, home values in Leland Grove have increased by 6.1%. Over five years, prices have risen approximately 26.0%.
How much do I need to earn to buy a home in Leland Grove?
To comfortably afford the median home price of $335,154 with a 20% down payment ($67,031) at today's rates (6.8%), you'd need a gross annual income of approximately $88,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Leland Grove compare to the national average home price?
The national median home value is approximately $410,000. At $335,154, homes in Leland Grove are 18% below the national average.
What metro area is Leland Grove part of?
Leland Grove is part of the Springfield, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.