Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $334,656
    0% ( $294 ) vs May 2014
  • Median Sales Price
    $316,500
    13% ( $36,750 ) vs May 2014
  • Median Foreclosure Sales Price
    $145,000
    32% ( $35,000 ) vs May 2014
  • Foreclosures 139
    Homes for Sale 326
    Recently Sold 206

Market Summary

There are currently 139 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 326.

In June, the number of properties that received a foreclosure filing in Downers Grove, IL was 26% lower than the previous month and 23% lower than the same time last year.

Home sales for May 2015 were up 139% compared with the previous month, and down 35% compared with a year ago. The median sales price of a non-distressed home was $316,500. The median sales price of a foreclosure home was $145,000, or 54% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$145,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $174,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $316,500 (Median Sales Price) $279,750 (Median Sales Price) $249,000 (Median Sales Price) $251,250 (Median Sales Price) $270,000 (Median Sales Price) $260,250 (Median Sales Price) $145,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $174,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $316,500 (Median Sales Price) $279,750 (Median Sales Price) $249,000 (Median Sales Price) $251,250 (Median Sales Price) $270,000 (Median Sales Price) $260,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
125
42.9
% (y-o-y)
$323,500
6.2
% (y-o-y)
26.4%
32.6
% (y-o-y)
Wheaton
66
29.8
% (y-o-y)
$326,750
16.7
% (y-o-y)
51.0%
54.6
% (y-o-y)
Elmhurst
63
16.0
% (y-o-y)
$338,000
2.0
% (y-o-y)
31.7%
37.4
% (y-o-y)
Lombard
61
22.8
% (y-o-y)
$217,000
3.3
% (y-o-y)
28.1%
23.9
% (y-o-y)
Glen Ellyn
59
11.9
% (y-o-y)
$359,000
3.1
% (y-o-y)
25.3%
46.8
% (y-o-y)
La Grange
43
36.8
% (y-o-y)
$262,500
2.0
% (y-o-y)
46.6%
49.4
% (y-o-y)
Willowbrook
34
44.3
% (y-o-y)
$199,000
42.3
% (y-o-y)
Data not available
Woodridge
33
19.5
% (y-o-y)
$192,000
11.1
% (y-o-y)
16.7%
59.5
% (y-o-y)
Lisle
33
21.4
% (y-o-y)
$293,750
15.2
% (y-o-y)
Data not available
Villa Park
32
30.4
% (y-o-y)
$179,500
0.8
% (y-o-y)
3.3%
30.9
% (y-o-y)

Local Info For Downers Grove

Population:
47,938
Cost of Living Index: 120.67
Crime Index: 34.63     Rating: A- View crime details
Schools: 24    Average School Rating: A- View individual school rating
Household Median Income: $78,523
Unemployment: 4.30%
Percentage of vacant homes: 6.28%