Sugar Grove, IL - Small Town USA - April 2018 Market Information

By
Real Estate Broker/Owner with Heart Realty Group, Inc.. IL-471.002355

Unless you live in the Fox Valley area, especially in Aurora, IL and surrounding communities, chances are you have never heard of Sugar Grove.  With less than 10,000 citizens, its not on most people's radar.  One of its claims to fame is the Waubonsee Community College main campus and a newer village library and for those with their own private planes - the Aurora Municipal Airport is located on the northwest side of town, which can even handle small jets.

 

Currently there are only 46 homes available starting at $159,900 for a 2 bedroom 1 bath with aprx. 1,080 feet to the highest priced home at $1,025,000 for a custom home in prestigious Stafford Woods at aproximately 5,290 sq. ft. on 1.27 acres with

5 bedrooms, 6.1 baths, plus a finished basement aprx. 2,233 with an additional bedroom.  Plus a separate coach house for the perfect "in-law" arrangement or other extended family/friend living.  Why buy that condo in the Loop when you can buy this lovely estate?

 

With only 16 homes sold in April, 2018 compared to the 17 sold in April, 2018, this small village is truly a hidden gem.  Average market time has increased to 125 days from April, 2017's 98 days on market.  The median price has also decreased from 2017's $291K to $275,750.  

 

There are currently 35 homes under contract and 5 in pending status.  Year to date - 4/30/2018 there have been 43 closed transactions which compares to 2017's 46.  Just a bit behind but still strong numbers for a small village that few people have heard of.  

 

If you like country settings - large lots with unique homes, instead of your typical production style subdivisions there are eight homes that are located on 1 acre or more lots.  From 1 acre to 17 acres - if you want land, privacy and unique homes, Sugar Grove is the perfect spot to call home!

 

Posted by

Evelyn Santiago

Managing Broker - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

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Evelyn Santiago, Managing Broker Heart Realty Group, Inc.

Passionate About Real Estate & Our Clients!
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