Long Grove Homes for Sale | Real Estate in Long Grove Illinois

Long Grove, Illinois Average Home Sizes and Asking Prices

Updated On: January 27, 2012

Zipcode	Single Family Home					Townhome or Condo
	4 BR		3 BR		#Lst	3 BR		2 BR		#Lst
60047	3,500 sf	$728,000	2,300 sf	$417,000	380	1,800 sf	$238,000	1,300 sf	$160,000	30
60060	3,500 sf	$596,000	1,300 sf	$228,000	225	1,200 sf	$165,000	1,100 sf	$134,000	69

Change and Trend of Asking Price in 60047	Check Also  More Zip Code 60060

Sold Price History in 60047

Homes for Sale in Long Grove

Long Grove Real Estate & Homes For Sale In Illinois

Long Grove, Illinois, is located in the heart of Lake County in the northern part of the state. Home to approximately over 7,000 residents, this region of wooded hillsides, lush greenery and vast expanses of open land is a charming place to call home. Long Grove prides itself in maintaining a rural community feeling in the middle of the metro-suburban area of Chicago. The efficient METRA public train system, modern highways and toll ways allow residents the opportunity commute with ease to the heart of downtown Chicago for work, shopping or pleasure.

The Village of Long Grove is perhaps best known for its gift and antique shops in historic downtown. The business district contains more than 120 specialty shops, cafes, restaurants and coffee houses. Small town pride and a family-oriented atmosphere are present during the area's many community-sponsored social events. The Strawberry Festival, The Annual Chocolate Festival, Long Grove Art Fest, and Apple Festival are just a few of the many celebrations that bring locals together throughout the year.

Supported by a strong local government and a committee dedicated to the preservation of the region's natural appearance, this community is a wonderful place to live, work and play, and offers excellent real estate and homes for sale.

| Long Grove City Guide |

Local Real Estate Market: Prices of Long Grove Homes for Sale

Long Grove's real estate market offers a variety of real estate surrounded by vast open spaces and lush greenery. The Village boasts architecture to suit every taste including ranch-style, multi-tiered homes, traditional, two-story, tutor, contemporary and colonial styles. Most homes in Long Grove have basements and many enjoy vistas of prairie or wooded expanses.

Prices for Long Grove homes situated on spacious lots range in price from approximately $165,000 to $500,000, while larger estate properties and luxury executive homes all with significant square footage and specialty amenities range in price from $600,000 to as much as $3 million. Many of these homes are located on large lots and some boast significant acreage. Historical real estate and a very limited selection of townhouses are also for sale, in addition to land lots for custom real estate development.

Long Grove IL Real Estate for the week of January 23rd, 2012: homes priced around $416,992 compared to $249,558 the previous week, showing a increase of more than +40%.  For Friday, January 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.89%; the 15 year fixed rate is at 3.22%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.43%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Long Grove IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Long Grove, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Long Grove, Long Grove neighborhood information, crime stats, home values, and schools in Long Grove to help you find the best home!