Is Spring Grove, IL 60081 a buyer’s or seller’s market?
Spring Grove is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 48% of U.S. ZIP codes, and #380 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Spring Grove housing market right now
In the three months ending August 31, 2026, 23% of homes in Spring Grove, IL 60081 sold above their list price, the typical home went under contract in 61 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 31 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 39%, homes sold more slowly (56 days then) and the median sale price rose 8% to $465,549. Overall, Spring Grove is less competitive than a year ago, which gives buyers more room.
Within McHenry County, homes here sell more slowly than in 88% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Spring Grove ranks #380 of 464 IL ZIP codes with enough sales (score 47 out of 100).
Nearby, buyers who want less competition could look at Union 60180 (0% sold over asking) or Richmond 60071 (8% sold over asking), while Ringwood 60072 (100% sold over asking) and Hebron 60034 (60% sold over asking) are even more competitive.
Run the numbers for 60081
Nearby markets
Algonquin 60102Seller’s market $206 /sq ftCary 60013Seller’s market $190 /sq ftCrystal Lake 60012Seller’s market $198 /sq ftCrystal Lake 60014Seller’s market $193 /sq ft Browse all markets →Towns like Spring Grove nearby
Find towns like Spring Grove in other states →Where Spring Grove is
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Questions about Spring Grove real estate
Is Spring Grove a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Spring Grove, IL 60081 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Spring Grove?
The typical home went under contract in 61 days in the latest three months.
Do homes in Spring Grove sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Spring Grove?
About 2.36% of a home’s value a year in McHenry County, or roughly $9,440 on a $400,000 home.
What is the median home price in Spring Grove?
The median sale price was $465,549 in the three months ending August 31, 2026, about $213 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology