Villa Grove, IL, Real Estate
Villa Grove, Illinois, is a small, welcoming city in Douglas County with a population of around 2,400. Nestled in the heart of Central Illinois, it offers a charming, small-town atmosphere with a strong sense of community. Known for its historic downtown, featuring local businesses and eateries, Villa Grove provides a peaceful setting with easy access to nearby urban centers like Champaign-Urbana. The city hosts annual events such as the Villa Grove Ag Days, which celebrate its agricultural roots with parades, live music, and family-friendly activities. Surrounded by fertile farmland, Villa Grove blends rural tranquility with a vibrant community spirit, making it an appealing place for residents seeking a tight-knit hometown.
Villa Grove currently has 18 single family homes for sale with an average list price of $148,936.67 and 2 lots for sale with an average list price of $15,500. The average annual property tax for Villa Grove is $1,985.09.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Villa Grove, i.e. what's hot and what's not.
See What's Hot & What's Not in Villa Grove
Market Trends
Villa Grove home sales for the month of August decreased in volume by 40% when compared to last year, while the median sale price decreased by 14.3% from $119,000 to $102,000. House sales decreased by 40%, while the median sale price decreased by 14.3% from $119,000 to $102,000.
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42
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39
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34
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32
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$121,750
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$125,000
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$109,000
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$135,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Villa Grove
Number of Sales for Villa Grove
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