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

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Homes for Sale in Shorewood

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A suburb of Chicago, Shorewood was incorporated in November of 1957 and is located in Will County along the DuPage River. Situated just west of Joliet, Shorewood is a pleasant village of nearly 9,000 residents who enjoy the quaint and quiet lifestyle that the community offers. Ranked 16th out of 153 Chicagoland suburbs, Shorewood has excellent schools, low crime, and short commute times to commercial and industrial centers. Industries that provide employment include educational, health and social services, manufacturing, transportation, warehousing and utilities. Recreation areas abound in city parks and along the DuPage River. Hammel Woods, located along the DuPage, is a 305-acre part of the Forest Preserve District of Will County. Fishing, swimming, hiking, canoeing, cross-country skiing, biking and picnicking are popular activities. There are ball fields, playgrounds, and picnic areas throughout the village. The new 55-acre Four Seasons Park has soccer and baseball fields, and volleyball, basketball and tennis courts. Shorewood’s Parks and Recreation Department offers classes and organized sports for all ages. Students in grades K-12 attend excellent schools of the Will County districts. The graduation rate of resident high school seniors is an impressive 96%. There are universities, community colleges, and trade and technical schools in several nearby cities and a variety of neighborhoods and diverse shopping areas within the city. Shorewood real estate options include single-family detached homes, estate properties, condominiums, townhouses and land lots. Make this attractive village your home and you’ll enjoy an exceptionally high quality of life in a safe, family-friendly community.

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Shorewood Real Estate Info - Price Range of Shorewood Homes for Sale

Homes are priced starting from the mid- $100,000s, for ranch style homes with spacious lots. One can purchase a large, newly built home on a spacious lot for approximately $200,000. Expansive waterfront estate properties with fireplaces are priced from the mid-$300,000s to the mid-$500,000s. Condominiums and townhouses are priced in the $100,000s. Land and lots are also available for custom building.

View Current Rates
-- Apr 24th, 2014 --
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 30 yr. fixed rate: 4.28%
 15 yr. fixed rate: 3.30%
 30 yr. jumbo rate: 4.68%
 15 yr. jumbo rate: 4.13%
Average Prices of 3 Bed Homes
-- Apr 24th, 2014 --
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 2 Years Ago  $168,000
 1 Year Ago  $182,000
 6 Months Ago   $183,000
 1 Month Ago  $205,000
 Today  $194,000


Shorewood Real Estate Stats and Trends for the week of April 21st, 2014: homes priced around $194,122 compared to $199,722 the previous week, showing a decrease of less than -3%.  For Thursday, April 24th, the current national mortgage rate for a 30 year fixed mortgage is 4.28%; the 15 year fixed rate is at 3.30%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.68%, while the 15 year jumbo rate currently is at 4.13%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Shorewood 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 Shorewood to help you find the best home!