Is Poplar Grove, IL 61065 a buyer’s or seller’s market?
Poplar Grove is a seller’s market. With about 1.4 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 86% of U.S. ZIP codes, and #73 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 Poplar Grove housing market right now
In the three months ending August 31, 2026, 50% of homes in Poplar Grove, IL 61065 sold above their list price, the typical home went under contract in 25 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 51 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold more slowly (13 days then) and the median sale price rose 20% to $299,870. Overall, Poplar Grove is more competitive than a year ago, so tougher for buyers.
Within Boone County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Poplar Grove ranks #73 of 464 IL ZIP codes with enough sales (score 81 out of 100).
Nearby, buyers who want less competition could look at Garden Prairie 61038 (0% sold over asking) or Capron 61012 (33% sold over asking).
Run the numbers for 61065
Nearby markets
Belvidere 61008Seller’s market $151 /sq ftCaledonia 61011Seller’s market $147 /sq ftCapron 61012Seller’s market $172 /sq ftGarden Prairie 61038 $91 /sq ft Browse all markets →Towns like Poplar Grove nearby
Find towns like Poplar Grove in other states →Where Poplar Grove is
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Questions about Poplar Grove real estate
Is Poplar Grove a buyer’s or seller’s market?
A seller’s market: there were 1.4 months of supply in Poplar Grove, IL 61065 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 Poplar Grove?
The typical home went under contract in 25 days in the latest three months.
Do homes in Poplar Grove sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Poplar Grove?
About 2.18% of a home’s value a year in Boone County, or roughly $8,720 on a $400,000 home.
What is the median home price in Poplar Grove?
The median sale price was $299,870 in the three months ending August 31, 2026, about $150 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