House Prices

House Prices & Home Values Groveland, IL 2026


Average Data

average house price$293,109
average size per house2473 ft²
average price per ft²119 $ / ft²

04/18/2026 - The value range (VR) for house prices in Groveland, IL is $119/ sqft to $119/ sqft. An average home with 2473 sqft costs approximately $294,287 to $294,287. Groveland, IL includes 1 ZIP codes and it is located in Tazewell county. The lowest prices are found in ZIP 61535, while the highest are in ZIP 61535. The average price per sqare feet is $119. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Groveland

61535112 $ / ft²




Historical development of home values in Groveland

Year Estimated value (USD) Change vs. 2025
2010 $136,125 -53.6%
2011 $130,861 -55.4%
2012 $130,509 -55.5%
2013 $135,387 -53.8%
2014 $142,119 -51.5%
2015 $149,413 -49.0%
2016 $157,210 -46.4%
2017 $165,696 -43.5%
2018 $174,856 -40.3%
2019 $182,964 -37.6%
2020 $192,422 -34.4%
2021 $218,860 -25.3%
2022 $255,141 -13.0%
2023 $269,058 -8.2%
2024 $284,624 -2.9%
2025 $293,109 0.0%

Graph: estimated home values in Groveland over time (USD)



Example: 100% financing house in Groveland

Loan amount: $293,109

Interest rate: 6.00%

Fixed monthly payment: $1,757.34

Breakdown in the 1st month:
Interest portion: $1,465.55  –  Principal portion: $291.79

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,488.63 $3,599.41 $289,509.59
2 $17,266.62 $3,821.42 $285,688.17
3 $17,030.93 $4,057.11 $281,631.06
4 $16,780.69 $4,307.35 $277,323.71
5 $16,515.02 $4,573.02 $272,750.69
6 $16,232.97 $4,855.07 $267,895.63
7 $15,933.52 $5,154.52 $262,741.11
8 $15,615.60 $5,472.44 $257,268.67
9 $15,278.07 $5,809.97 $251,458.70
10 $14,919.73 $6,168.31 $245,290.39
11 $14,539.28 $6,548.76 $238,741.63
12 $14,135.37 $6,952.67 $231,788.96
13 $13,706.54 $7,381.50 $224,407.46
14 $13,251.27 $7,836.77 $216,570.69
15 $12,767.91 $8,320.13 $208,250.56
16 $12,254.74 $8,833.30 $199,417.26
17 $11,709.92 $9,378.11 $190,039.15
18 $11,131.50 $9,956.54 $180,082.61
19 $10,517.41 $10,570.63 $169,511.98
20 $9,865.43 $11,222.61 $158,289.37
21 $9,173.25 $11,914.79 $146,374.58
22 $8,438.37 $12,649.67 $133,724.91
23 $7,658.16 $13,429.87 $120,295.03
24 $6,829.84 $14,258.20 $106,036.83
25 $5,950.42 $15,137.61 $90,899.22
26 $5,016.77 $16,071.27 $74,827.95
27 $4,025.53 $17,062.51 $57,765.44
28 $2,973.15 $18,114.89 $39,650.55
29 $1,855.86 $19,232.18 $20,418.37
30 $669.66 $20,418.37 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Groveland, IL


1500 sqft3900 sqft
Ø selling price$215,986$459,460
Ø fast selling$196,351$413,514
Ø high price sale$235,621$505,405

In 2026, houses in Groveland, IL will be offered at an average price of $119 per square foot. A 1,500 sqft home priced at $215,986 is 21.51% more expensive per square foot than a 3,900 sqft home priced at $459,460. Home prices in Groveland, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $318,087. Sellers who can wait longer may achieve a higher price of up to $388,774.


Groveland, IL Community Guide

Overview

Groveland, IL is an unincorporated community in Tazewell County within the Peoria metropolitan area.
The area is known for its quiet neighborhoods, open landscapes, and a friendly, small-town feel.
Conveniently positioned near Pekin, East Peoria, and Morton, it provides easy access to shopping, dining, healthcare, and major employers.

Lifestyle and Amenities

Residents enjoy parks, trails, and regional recreation, with quick drives to riverfront views and forest preserves.
Family-friendly events and active local clubs build strong community connections while keeping big-city conveniences nearby.
Schools serving the community come from reputable Tazewell County districts, with public, private, and specialty learning options.

Real Estate and Economy

Real estate in Groveland, IL features single-family homes, acreage lots, and value-driven housing that appeals to first-time buyers and move-up families.
Proximity to employment hubs in Peoria, East Peoria, and Morton supports a stable local economy and low-stress commutes across the region.

Things to Do and Nearby Attractions

Popular nearby attractions include regional parks, golf courses, and cultural venues, from downtown Peoria entertainment to seasonal festivals in neighboring towns.
Whether you are relocating or visiting, Groveland, IL delivers Midwestern charm, convenience, and room to grow.



FAQ – Home Values in Groveland

What is the median home value in Groveland in 2026?

In 2026, the typical home value in Groveland is about $293,109 for an average home size of 2473 square feet. This corresponds to an average price of roughly $119 per square foot.

What is the average cost per square foot in Groveland?

In 2026, homes in Groveland sell for an average of around $119 per square foot, with a typical range between $119 and $119 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Groveland is about 2473 square feet, with an estimated 2026 value around $293,109.



Locations close to Groveland, IL

Hanna City, IL104 $ / ft²
Henry, IL87 $ / ft²
Kingston Mines, IL98 $ / ft²
Green Valley, IL109 $ / ft²
Glasford, IL81 $ / ft²
Forest City, IL44 $ / ft²
  imprint  Privacy