Market Overview
Home Prices in Poplar Grove, IL
The median home value in Poplar Grove, IL is $282,167 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.2% compared to a year ago and up 7.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Poplar Grove are priced31% below average. Poplar Grove is part of the Rockford, IL metro area.
Over the past five years, Poplar Grove home values have risen by approximately41.5%, reflecting strong long-term appreciation in this market.
Price History
Poplar Grove Home Price Trend
City Comparison
Poplar Grove vs. National Median
At $282,167, homes in Poplar Grove cost 31% below the national median of $410,000. This makes Poplar Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Poplar Grove?
20% Down Payment
$56,433
on $282,167
Monthly P&I
$1,472/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,869/mo
incl. taxes & insurance
Income Needed
$74,760
gross annual (30% rule)
10% Down Option
$28,217
+ PMI applies
Loan Amount (20% dn)
$225,734
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 Poplar Grove, IL?
The median home value in Poplar Grove is $282,167 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.2% year-over-year.
How much have home prices changed in Poplar Grove?
Over the past year, home values in Poplar Grove have increased by 6.2%. Over five years, prices have risen approximately 41.5%.
How much do I need to earn to buy a home in Poplar Grove?
To comfortably afford the median home price of $282,167 with a 20% down payment ($56,433) at today's rates (6.8%), you'd need a gross annual income of approximately $74,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Poplar Grove compare to the national average home price?
The national median home value is approximately $410,000. At $282,167, homes in Poplar Grove are 31% below the national average.
What metro area is Poplar Grove part of?
Poplar Grove is part of the Rockford, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.