Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $304,950
    5% ( $15,500 ) vs Feb 2014
  • Median Sales Price
    $251,250
    7% ( $18,750 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $174,500
    23% ( $53,000 ) vs Feb 2014
  • Foreclosures 145
    Homes for Sale 265
    Recently Sold 394

Market Summary

There are currently 145 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 265.

In March, the number of properties that received a foreclosure filing in Downers Grove, IL was 30% higher than the previous month and 136% higher than the same time last year.

Home sales for February 2015 were down 24% compared with the previous month, and down 34% compared with a year ago. The median sales price of a non-distressed home was $251,250. The median sales price of a foreclosure home was $174,500, or 31% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$174,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $330,750 (Median Foreclosure Sales Price) $341,500 (Median Foreclosure Sales Price) $265,000 (Median Foreclosure Sales Price) $251,250 (Median Sales Price) $270,000 (Median Sales Price) $260,250 (Median Sales Price) $270,100 (Median Sales Price) $290,000 (Median Sales Price) $304,000 (Median Sales Price) $174,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $330,750 (Median Foreclosure Sales Price) $341,500 (Median Foreclosure Sales Price) $265,000 (Median Foreclosure Sales Price) $251,250 (Median Sales Price) $270,000 (Median Sales Price) $260,250 (Median Sales Price) $270,100 (Median Sales Price) $290,000 (Median Sales Price) $304,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
81
33.6
% (y-o-y)
$313,000
6.8
% (y-o-y)
10.5%
25.6
% (y-o-y)
Bolingbrook
59
21.3
% (y-o-y)
$168,500
16.2
% (y-o-y)
16.9%
20.5
% (y-o-y)
Wheaton
34
2.9
% (y-o-y)
$260,000
5.6
% (y-o-y)
Data not available
Lombard
28
33.3
% (y-o-y)
$206,000
2.4
% (y-o-y)
15.5%
23.5
% (y-o-y)
La Grange
24
11.1
% (y-o-y)
$292,000
12.4
% (y-o-y)
2.6%
4.3
% (y-o-y)
Glen Ellyn
23
11.5
% (y-o-y)
$319,500
2.2
% (y-o-y)
21.8%
40.2
% (y-o-y)
Villa Park
22
24.1
% (y-o-y)
$175,000
0.6
% (y-o-y)
29.1%
26.7
% (y-o-y)
Woodridge
20
42.9
% (y-o-y)
$202,000
1.0
% (y-o-y)
64.4%
2.5
% (y-o-y)
Elmhurst
19
47.2
% (y-o-y)
$352,500
20.3
% (y-o-y)
18.4%
26.6
% (y-o-y)
Willowbrook
18
21.7
% (y-o-y)
$322,250
26.4
% (y-o-y)
Data not available

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: 4.60%
Percentage of vacant homes: 6.28%