Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $342,000
    2% ( $7,450 ) vs May 2013
  • Median Sales Price
    $287,250
    3% ( $8,750 ) vs May 2013
  • Median Foreclosure Sales Price
    $162,000
    8% ( $12,000 ) vs May 2013
  • Foreclosures 196
    Homes for Sale 242
    Recently Sold 648

Market Summary

There are currently 196 properties in Downers Grove, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 242.

In June, the number of properties that received a foreclosure filing in Downers Grove, IL was 47% higher than the previous month and 27% lower than the same time last year.

Home sales for May 2014 were up 45% compared with the previous month, and up 14% compared with a year ago. The median sales price of a non-distressed home was $287,250. The median sales price of a foreclosure home was $162,000, or 44% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$162,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $147,750 (Median Foreclosure Sales Price) $143,750 (Median Foreclosure Sales Price) $182,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $287,250 (Median Sales Price) $296,000 (Median Sales Price) $276,000 (Median Sales Price) $243,500 (Median Sales Price) $252,165 (Median Sales Price) $270,000 (Median Sales Price) $162,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $147,750 (Median Foreclosure Sales Price) $143,750 (Median Foreclosure Sales Price) $182,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $287,250 (Median Sales Price) $296,000 (Median Sales Price) $276,000 (Median Sales Price) $243,500 (Median Sales Price) $252,165 (Median Sales Price) $270,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
219
5.2
% (y-o-y)
$345,000
4.5
% (y-o-y)
32.6%
16.5
% (y-o-y)
Bolingbrook
110
12.0
% (y-o-y)
$165,000
1.5
% (y-o-y)
34.5%
29.9
% (y-o-y)
Wheaton
93
15.5
% (y-o-y)
$280,000
4.4
% (y-o-y)
54.6%
45.4
% (y-o-y)
Lombard
79
1.3
% (y-o-y)
$210,000
16.7
% (y-o-y)
23.9%
19.6
% (y-o-y)
Elmhurst
75
2.7
% (y-o-y)
$345,000
0.5
% (y-o-y)
37.4%
42.3
% (y-o-y)
La Grange
68
28.3
% (y-o-y)
$267,750
7.7
% (y-o-y)
49.4%
61.9
% (y-o-y)
Glen Ellyn
66
14.3
% (y-o-y)
$350,000
2.2
% (y-o-y)
42.9%
58.8
% (y-o-y)
Willowbrook
61
5.2
% (y-o-y)
$345,000
2.7
% (y-o-y)
50.0%
60.6
% (y-o-y)
Villa Park
45
8.2
% (y-o-y)
$176,000
13.5
% (y-o-y)
30.1%
21.1
% (y-o-y)
Darien
42
20.0
% (y-o-y)
$250,000
12.1
% (y-o-y)
13.8%
32.2
% (y-o-y)

Local Info For Downers Grove

Population:
47,938
Cost of Living Index: 120.67
Crime Index: 23.97     Rating: A View crime details
Schools: 24    Average School Rating: A- View individual school rating
Household Median Income: $78,523
Unemployment: 5.40%
Percentage of vacant homes: 6.28%