Bolingbrook Real Estate & Homes for Sale in Will County, Illinois


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Homes for Sale in Bolingbrook

Bolingbrook Real Estate & Homes for Sale in Illinois

This quiet suburb is situated approximately 30 miles southwest of Chicago. In the early 1960s, a construction/development firm began building and selling homes in the farmland outside of Chicago. The community was linked to the city by way of the old U.S. Route 66. Several years later, Bolingbrook was officially incorporated as the Village of Bolingbrook. The community has since grown to a population of nearly 60,000. It is primarily within Will County, with some overlap into DuPage County. The village is accessible from I-55 and IL-53, while I-294 and I-88 are each less than 10 miles away. Industries that provide employment in Bolingbrook include educational, health and social services, manufacturing, retail trade, and professional, scientific, management, administrative and waste management services. The average commute for those who work in the city is about 33 minutes. Bolingbrook living offers many opportunities for a range of recreational activities. The local park district operates several sites with facilities available for tennis, golf, swimming, soccer, football, volleyball, baseball, hiking and fishing. There are also a variety of programs available for children, adults and seniors. Cantigny Park, a 500-acre facility with golf courses, gardens and museums, is 15 miles from Bolingbrook. Students grades K-12 are served by one of six local school districts. Several colleges and universities are nearby. Real estate options in Bolingbrook include single-family detached homes, estate properties, condominiums, townhouses and land lots. Bolingbrook residents enjoy the extensive public recreation facilities, accessible location and small-town atmosphere enviable to anyone tired of city gridlock.

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Price Range of Bolingbrook Houses

The Bolingbrook real estate market offers a large selection of single-family detached homes. Because the community experienced growth spurts in the 1960s and 1970s and then again in the 1990s, the ages of homes vary. Bolingbrook home prices range from the mid-$100,000s up to about $600,000. The majority of homes in Boilingbrook are priced under $350,000. Beautiful estate houses on waterfront properties of considerable acreage and with swimming pools, multiple fireplaces and scenic views of the woods or nearby water, range from the low $600,000s to more than $1 million. Home styles available include ranch, early American, Cape Cod, Tudor and traditional. Boilingbrook condos and townhouses range from the low $100,000s to the low $400,000s. There is also a small selection of land and lots available for custom building.

Bolingbrook Real Estate Stats and Trends for the week of January 22nd, 2018: homes priced around $348,578 compared to $331,729 the previous week, showing a increase of more than +5%.  For Tuesday, January 23rd, the current national mortgage rate for a 30 year fixed mortgage is 4.05%; the 15 year fixed rate is at 3.41%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.27%, while the 15 year jumbo rate currently is at 4.33%.