Home to nearly 50,000 people, Downers Grove is located 19 miles west of Chicago in DuPage County. Pioneers brought the spirit of community and friendly cooperation to Downers Grove nearly two centuries ago, and residents still uphold these ideals today. These settlers' vision is the major focus of the Downers Grove Park District Museum, showcasing exhibits and artifacts that bring the town's colorful past to life. Festivals held throughout the year strengthen community bonds by bringing residents together to enjoy special activities.
Protection of the natural environment is a high priority in Downers Grove. The 25-acre Belmont Prairie, one of the last original prairies in Illinois, is home to 135 species of plants and wildlife, while Lyman Woods is a 135-acre prairie site of original savannas and marshlands. These two natural areas are popular for both educational and recreational purposes. Another well-known recreational destination is the historic 9-hole Downers Grove Golf Course. Designed in 1892, it is one of the oldest golf courses in the nation.
Downers Grove provides easy access to interstates 355 and 88, making the commute to Chicago and other nearby cities convenient. Shopping districts and restaurants are abundant and major shopping malls are located nearby in Oak Brook. Schools in Downers Grove are exceptional, with students performing above district and state averages. Midway and O'Hare Airports are just 45 minutes away. Real estate for sale in Downers Grove offers single-family homes, condominiums and townhouses.
Downers Grove Real Estate Market: Price Range of Downers Grove Houses for Sale
Downers Grove's real estate for sale consists of single-family detached homes, condominiums and townhouses. Victorian homes, cottages from the early 1900s, gabled estates, split-levels, tri-levels, ranch-style houses, contemporary homes and new construction can all be found in Downers Grove. Single-family homes in Downers Grove are priced from $145,000 to the high $600,000s depending on location, number of bedrooms and lot size. Estates are for sale from the $900,000s and some feature substantial wooded acreage. A select few properties are for sale from $1 million - $3.5 million. Downers Grove condominiums and townhouses are priced from just under $100,000 and many offer access to community amenities including swimming pools and clubhouses. Prices can exceed $700,000 for large new 3-bedroom properties. Land and lots are available for custom building.
Downers Grove Real Estate Stats and Trends for the week of May 23rd, 2016: homes priced around $311,770 compared to $307,333 the previous week, showing a increase of more than +1%. For Tuesday, May 24th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 2.91%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.61%, while the 15 year jumbo rate currently is at 4.08%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Downers Grove IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Downers Grove to help you find the best home!