Why Live in Founders Grove
Founders Grove in Bloomington is a neighborhood where history and community spirit thrive. Residents enjoy a close-knit atmosphere, with events like neighborhood ice cream socials organized by the Founders' Grove Neighborhood Association fostering a sense of togetherness. The area features a mix of architectural styles, including bungalows, Colonial, and Craftsman homes, each offering unique historical charm. Schools in the area, such as Bloomington High School, are highly rated, ensuring quality education for children. Miller Park, a central point of interest, offers a variety of activities, including a zoo, sports fields, and a mini-golf course, along with historical elements like war memorials and a steam locomotive. The park also hosts outdoor theater productions and a July 4th fireworks display, enhancing the community's social life. Founders Grove provides diverse shopping and dining options, with Eastland Mall nearby and eateries ranging from chain restaurants to local favorites like Kobe Japanese Steak and Seafood. The neighborhood is well-connected, with Route Illinois 9 offering access to Central Illinois Regional Airport, four miles away, and the Connect bus system serving the area. Sidewalks encourage walking, adding to the neighborhood's charm. The social calendar is vibrant, with monthly happy hours, scavenger hunts, and live music events contributing to a strong sense of community.
Frequently Asked Questions
Is Founders Grove a good place to live?
Founders Grove is a good place to live. Founders Grove is considered car-dependent and somewhat bikeable with some transit options. Founders Grove has 5 parks for recreational activities. It is somewhat dense in population with 7.8 people per acre and a median age of 43. The average household income is $105,855 which is above the national average. College graduates make up 63.9% of residents. A majority of residents in Founders Grove are home owners, with 15.6% of residents renting and 84.4% of residents owning their home. A
local real estate agent serving Founders Grove can help you decide if this neighborhood is the right one for you. Learn more on our
Founders Grove neighborhood guide.
How much do you need to make to afford a house in Founders Grove?
The median home price in Founders Grove is $239,900. If you put a 20% down payment of $48,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,180 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Founders Grove. The average household income in Founders Grove is $106K.
What are the best public schools in Founders Grove?
The best public schools that serve Founders Grove are:
What are the best private schools in Founders Grove?
The best private schools that serve Founders Grove are:
What are the most popular zip codes in Founders Grove, Bloomington, IL?
What are the most popular neighborhoods near Founders Grove, Bloomington, IL?
Home Trends in Founders Grove, IL
On average, homes in Founders Grove, Bloomington sell after 10 days on the market compared to the national average of 52 days. The median sale price for homes in Founders Grove, Bloomington over the last 12 months is $233,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$233,000
Median Single Family Sale Price
$235,000
Average Price Per Sq Ft
$121
Number of Homes for Sale
1
Last 12 months Home Sales
32
Median List Price
$239,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%