Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $332,000
    3% ( $10,000 ) vs Jun 2013
  • Median Sales Price
    $305,000
    6% ( $17,750 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $232,500
    44% ( $70,500 ) vs Jun 2013
  • Foreclosures 199
    Homes for Sale 263
    Recently Sold 630

Market Summary

There are currently 199 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 263.

In July, the number of properties that received a foreclosure filing in Downers Grove, IL was 14% higher than the previous month and 9% higher than the same time last year.

Home sales for June 2014 were down 21% compared with the previous month, and down 37% compared with a year ago. The median sales price of a non-distressed home was $305,000. The median sales price of a foreclosure home was $232,500, or 24% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$232,500 (Median Foreclosure 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) $305,000 (Median 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) $232,500 (Median Foreclosure 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) $305,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
215
28.3
% (y-o-y)
$342,000
2.3
% (y-o-y)
32.7%
21.7
% (y-o-y)
Bolingbrook
112
2.8
% (y-o-y)
$165,000
2.9
% (y-o-y)
28.5%
25.9
% (y-o-y)
Wheaton
78
26.4
% (y-o-y)
$280,000
6.7
% (y-o-y)
38.2%
43.1
% (y-o-y)
Elmhurst
73
40.7
% (y-o-y)
$362,250
3.2
% (y-o-y)
40.4%
41.0
% (y-o-y)
Glen Ellyn
70
33.3
% (y-o-y)
$355,000
9.6
% (y-o-y)
40.5%
62.3
% (y-o-y)
Lombard
63
25.9
% (y-o-y)
$208,000
6.5
% (y-o-y)
20.4%
30.6
% (y-o-y)
Willowbrook
43
37.7
% (y-o-y)
$300,000
0.8
% (y-o-y)
51.7%
46.9
% (y-o-y)
Hinsdale
41
21.2
% (y-o-y)
$625,000
24.5
% (y-o-y)
48.1%
27.1
% (y-o-y)
La Grange
40
36.5
% (y-o-y)
$308,500
4.0
% (y-o-y)
69.3%
40.8
% (y-o-y)
Lisle
39
26.4
% (y-o-y)
$265,500
8.4
% (y-o-y)
77.4%
66.7
% (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: 5.20%
Percentage of vacant homes: 6.28%