61031 — Franklin Grove, IL Home Values
Typical home value $204,941 as of August 2026 · 8th of 11 in Dixon, IL
Blue: typical home value (Zillow ZHVI) in ZIP code 61031, August 2021 to August 2026. This page shows observed data only; no forecast.
How 61031 compares in the Dixon, IL area
ZIP code 61031 (Franklin Grove, IL) has a typical home value of $204,941 as of August 2026, ranking 8th of 11 ZIP codes tracked in the Dixon, IL area, more expensive than about 36% of ZIP codes in the metro. Prices here have moved +14.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +42.9%, from $143,383 in August 2021 to $204,941 in August 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Dixon, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Dixon.
Population and demographics
ZIP code 61031 has a population of 1,615, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 84.4% White, 13% Hispanic or Latino, 2.5% two or more races, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Ashton-Franklin Center Elem Sch | 217 S Elm St, Franklin Grove, IL | 1.2 mi |
| Ashton-Franklin Center HS | 611 Western Ave, Ashton, IL | 5.3 mi |
| Amboy Jr High School | 240 N Metcalf Ave, Amboy, IL | 7.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 61031?
$204,941 as of August 2026, the latest month Zillow has published observed data for.
Is 61031 an expensive ZIP code in the Dixon, IL area?
61031 ranks 8th of 11 ZIP codes in the Dixon, IL area by typical home value, more expensive than about 36% of ZIP codes in the metro.
How much have home values in 61031 changed over the past year?
+14.5% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 61031?
1,615, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 61031?
Ashton-Franklin Center Elem Sch (1.2 mi), Ashton-Franklin Center HS (5.3 mi), Amboy Jr High School (7.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 61031?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Dixon, IL forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.