October's First-Time Homebuyer Report for La Grange

La Grange is a city that is shrinking slightly slower than others in Illinois at a 10-year growth rate of -0.3%. It also has a larger than average population of 15,550 people. La Grange is made up of homes that are older than most with a median of 61 years. Leading the list of top schools in the city are Cossitt Ave Elementary School, Highlands Middle School, and Lyons Twp High School.

Culture

If you're looking to explore the community's favorite stores in La Grange, then check out Trader Joe's, Mariano's Western Springs, and Walgreens, Foursquare's most popular places to go shopping. If you're looking to explore the outdoors, some favorite spots are La Grange Country Club and Sedgwick Park. For arts and entertainment, you'll find La Grange Theatre.

Price Range

La Grange has some of the more expensive homes in the state with a median home value of $331,100 and a current average list price of $573,110.

Make sure you take a look at these eye-catching homes in La Grange that generated the most views from potential buyers:

$285K   $360K   $969K  

Typical Dwelling

The typical dwelling in La Grange is a three-bedroom detached home worth about $399,270. To purchase a similar home, a buyer with good credit and a $79,854 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,277 monthly payment. The property tax rate is $16.10 per $1,000 of taxable assessed value.

Get started right now by checking out La Grange homes for sale or reviewing La Grange real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
john greene Realtor
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Conlon: A Real Estate Company
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Betancourt Realty
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Agents that specialize in this area
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