From October through December of 2021, there were 11 homes sold, with a median sale price of $91,000 - a 27.3% decrease over the $125,200 median sale price for the same period of the previous year. There were five homes sold in Franklin Grove in the fourth quarter of 2020.
The median sales tax in Franklin Grove for the most recent year with available data, 2019, was $2,114, approximately 2.3% of the median home sale price for the fourth quarter of 2021.
The following table compares Franklin Grove to other Lee County cities in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lee | 2 | 1 | 100% | $292,000 | $66,000 | 342.4% |
| Palmyra | 5 | 5 | 0% | $250,000 | $190,000 | 31.6% |
| West Brooklyn | 3 | 0 | - | $189,900 | $0 | - |
| Paw Paw | 6 | 4 | 50% | $157,450 | $118,500 | 32.9% |
| Amboy | 14 | 18 | -22.2% | $118,000 | $138,500 | -14.8% |
| Dixon | 64 | 70 | -8.6% | $102,500 | $93,250 | 9.9% |
| Sublette | 4 | 2 | 100% | $100,000 | $174,250 | -42.6% |
| Ashton | 4 | 5 | -20% | $94,750 | $97,000 | -2.3% |
| Franklin Grove | 11 | 5 | 120% | $91,000 | $125,200 | -27.3% |
| Nelson | 3 | 7 | -57.1% | $40,000 | $53,000 | -24.5% |
| Nachusa | 0 | 1 | -100% | $0 | $340,000 | -100% |
| Steward | 0 | 6 | -100% | $0 | $154,500 | -100% |
| Compton | 0 | 2 | -100% | $0 | $137,250 | -100% |
| Harmon | 0 | 0 | - | $0 | $0 | - |
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