Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $329,000
    0% ( $0 ) vs Feb 2013
  • Median Sales Price
    $243,500
    3% ( $8,665 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $143,750
    21% ( $38,750 ) vs Feb 2013
  • Foreclosures 232
    Homes for Sale 192
    Recently Sold 776

Market Summary

There are currently 232 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 192.

In March, the number of properties that received a foreclosure filing in Downers Grove, IL was 62% lower than the previous month and 72% lower than the same time last year.

Home sales for February 2014 were down 13% compared with the previous month, and up 27% compared with a year ago. The median sales price of a non-distressed home was $243,500. The median sales price of a foreclosure home was $143,750, or 41% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$143,750 (Median Foreclosure Sales Price) $182,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $185,000 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $177,500 (Median Foreclosure Sales Price) $243,500 (Median Sales Price) $252,165 (Median Sales Price) $270,000 (Median Sales Price) $276,000 (Median Sales Price) $270,000 (Median Sales Price) $273,500 (Median Sales Price) $143,750 (Median Foreclosure Sales Price) $182,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $185,000 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $177,500 (Median Foreclosure Sales Price) $243,500 (Median Sales Price) $252,165 (Median Sales Price) $270,000 (Median Sales Price) $276,000 (Median Sales Price) $270,000 (Median Sales Price) $273,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
118
13.2
% (y-o-y)
$335,000
9.8
% (y-o-y)
25.4%
23.7
% (y-o-y)
Lemont
82
215.4
% (y-o-y)
$351,250
19.1
% (y-o-y)
37.4%
49.2
% (y-o-y)
Bolingbrook
72
10.0
% (y-o-y)
$145,000
9.4
% (y-o-y)
20.5%
30.9
% (y-o-y)
Lombard
42
17.6
% (y-o-y)
$211,000
27.9
% (y-o-y)
23.5%
18.2
% (y-o-y)
Elmhurst
36
12.2
% (y-o-y)
$293,000
6.5
% (y-o-y)
26.6%
0.0
% (y-o-y)
Wheaton
35
20.5
% (y-o-y)
$275,500
10.2
% (y-o-y)
28.5%
28.2
% (y-o-y)
Hinsdale
29
52.6
% (y-o-y)
$642,500
13.2
% (y-o-y)
Data not available
Villa Park
28
12.0
% (y-o-y)
$181,000
24.4
% (y-o-y)
28.7%
25.8
% (y-o-y)
La Grange
27
20.6
% (y-o-y)
$263,500
25.2
% (y-o-y)
5.7%
24.3
% (y-o-y)
Lisle
26
8.3
% (y-o-y)
$220,500
6.3
% (y-o-y)
51.7%
71.1
% (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: 6.10%
Percentage of vacant homes: 6.28%