Real Estate Locale :: Shorewood Real Estate Shorewood Real Estate: Real Estate Potential in Shorewood, ILThanks to its proximity to Chicago and its village-like feel, Shorewood real estate is becoming increasingly popular. This small community of 12,000 just 40 miles from Chicago had its start as a resort community along the beautiful DuPage river. Today, it's an idyllic commuter's town with established neighborhoods and a real family feel. If you're thinking about purchasing real estate in Shorewood, IL, keep reading for more information on housing prices, community features and local facilities. Home Prices in Shorewood, IL The median home price in Shorewood is hovering around a low $265,000. While housing prices are dropping a little after the recent housing crisis, the market is remaining relatively stable. Drops in home prices have stayed under a few percent and, thanks to its prime location, values aren't expected to fall too much further for Shorewood real estate. Community Features and Demographics Shorewood is a village of just over 12,000, but home to a lot of young couples attracted by the low housing prices and commuting proximity to Chicago. With a median age of 36 and the majority of residents either married or married with children, Shorewood is a truly family town. The median income sits approximately $87,500 and is likely bolstered by the number of high-earning professionals residing in the area. Local Facilities and Recreation The natural forested areas around the stunning DuPage River are what attracts so many nature seekers to idyllic Shorewood. The area, including the Hammel Woods Forest Preserve offers numerous bike trails, boating spots, hiking paths, cross-country skiing options, fishing hideouts and even snowmobile trails. With 3 public golf courses, great commercial development and lots of parkland, Shorewood is a great fit for all kinds of families. The area is community-minded and has a strong sense of neighborhood commitment. Thanks to its pretty setting, community-focused lifestyle, small town feel and proximity to Chicago, Shorewood real estate is staying strong throughout the current housing crisis. For more information on Shorewood and its facilities, visit the village website at http://www.vil.shorewood.il.us. All Site Articles for Real Estate Locale |
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