Why Live in Belmont
Belmont in Downers Grove, IL, is a neighborhood known for its affordability and accessibility, situated about half an hour west of Chicago. The area is bordered by two major highways, enhancing its connectivity. Housing in Belmont primarily consists of condo complexes and apartments, with a few single-family homes, including ranches, Cape Cods, Victorians, and traditional farmhouses. Many homes date back to the 1940s and post-war era, with some properties bordering the golf club or preserve. Belmont students attend highly-rated schools such as Henry Puffer School, Herrick Middle School, and Downers Grove North High School. Recreational features in Belmont include the Belmont Golf Club, a historic nine-hole course, and the Belmont Prairie at Gelwicks Park, which offers trails and wildlife viewing. Nearby, the Morton Arboretum spans 1,700 acres with various events and programs. Dining options within Belmont include chains like McDonald’s and Culver’s, as well as local spots like Alter Brewing Company and Mojo’s East Coast Eats. Essential shopping is available in nearby Lisle, with grocery stores such as Jewel-Osco and Aldi. The neighborhood benefits from the proximity to downtown Downers Grove and Lisle, both offering a variety of restaurants and bars. Annual events in Downers Grove, such as the Summer Concert Series, add to the community's appeal. Belmont's location near Interstate 355 and the Ronald Reagan Memorial Tollway, along with the Belmont train station, makes commuting and travel convenient, with easy access to Chicago and neighboring states.
Home Trends in Belmont, IL
On average, homes in Belmont, Downers Grove sell after 30 days on the market compared to the national average of 50 days. The median sale price for homes in Belmont, Downers Grove over the last 12 months is $182,221, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$182,221
Median Single Family Sale Price
$199,700
Median Townhouse Sale Price
$506,750
Median 2 Bedroom Sale Price
$187,500
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$209
Number of Homes for Sale
14
Last 12 months Home Sales
87
Median List Price
$195,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
10%