61031
Franklin Grove, Illinois.
Franklin Grove, Lee County, IL · Dixon, IL metro · population 1,492
to buy the typical home at today's mortgage rate — +$648 (+167%) since Jan 2020.
- 1 year
- Up $22,792 +13%
- $174,857$197,649 since Sep 2025
- 5 years
- Up $60,926 +45%
- $136,723$197,649 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 61031$1,037
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in zip 61031 rose 13.0% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Lee County, IL 95% · Ogle County, IL 5%
Zillow also publishes an index for the city itself: Franklin Grove, IL — measured over the city limits, which is a different area from this zip.
Typical home value — 61031
Mid-tier homes, smoothed and seasonally adjusted.
- 61031$197,649
- Dixon$188,696
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 5.9 | 61006 | Ashton | 1,541 | — | $198,650 |
| 8.3 | 61021 | Dixon | 22,308 | $1,113 | $180,430 |
| 9.4 | 61310 | Amboy | 3,347 | — | $187,097 |
| 11.0 | 61378 | West Brooklyn | 513 | — | $286,306 |
| 11.5 | 61061 | Oregon | 6,766 | — | $239,433 |
| 12.7 | 61015 | Chana | 901 | — | $267,402 |
| 14.5 | 61367 | Sublette | 843 | — | $214,766 |
| 14.7 | 61318 | Compton | 595 | — | $202,001 |
| 14.8 | 60553 | Steward | 722 | — | $283,513 |
| 15.2 | 61068 | Rochelle | 14,788 | $938 | $216,832 |
| 16.0 | 61042 | Harmon | 404 | — | $206,491 |
| 16.8 | 61054 | Mount Morris | 3,610 | — | $158,453 |
| 17.6 | 61064 | Polo | 3,757 | — | $179,416 |
| 18.5 | 60530 | Lee | 992 | — | $264,578 |
| 19.0 | 61353 | Paw Paw | 1,282 | — | $237,989 |
| 19.4 | 60113 | Creston | 306 | — | $227,222 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.