Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $329,900
    8% ( $24,950 ) vs Mar 2014
  • Median Sales Price
    $249,000
    1% ( $2,250 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $130,000
    26% ( $44,500 ) vs Mar 2014
  • Foreclosures 148
    Homes for Sale 298
    Recently Sold 295

Market Summary

There are currently 148 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 298.

In April, the number of properties that received a foreclosure filing in Downers Grove, IL was 38% lower than the previous month and 38% lower than the same time last year.

Home sales for March 2015 were down 74% compared with the previous month, and down 88% compared with a year ago. The median sales price of a non-distressed home was $249,000. The median sales price of a foreclosure home was $130,000, or 48% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$130,000 (Median Foreclosure 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) $249,000 (Median 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) $130,000 (Median Foreclosure 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) $249,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Bolingbrook
51
44.6
% (y-o-y)
$165,000
9.7
% (y-o-y)
15.2%
32.8
% (y-o-y)
Naperville
37
81.3
% (y-o-y)
$310,500
3.0
% (y-o-y)
24.8%
22.0
% (y-o-y)
Lombard
22
61.4
% (y-o-y)
$214,000
1.9
% (y-o-y)
26.8%
24.1
% (y-o-y)
Elmhurst
13
81.9
% (y-o-y)
$374,000
25.5
% (y-o-y)
34.4%
27.9
% (y-o-y)
La Grange
11
71.1
% (y-o-y)
$313,500
6.3
% (y-o-y)
21.7%
38.7
% (y-o-y)
Lemont
11
54.2
% (y-o-y)
$273,800
2.2
% (y-o-y)
Data not available
Westchester
11
52.2
% (y-o-y)
$189,500
4.4
% (y-o-y)
37.7%
37.3
% (y-o-y)
Wheaton
11
82.5
% (y-o-y)
$259,000
6.7
% (y-o-y)
33.8%
45.7
% (y-o-y)
Woodridge
9
55.0
% (y-o-y)
$209,000
28.2
% (y-o-y)
5.3%
19.6
% (y-o-y)
Glen Ellyn
8
81.8
% (y-o-y)
$323,500
2.7
% (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: 4.40%
Percentage of vacant homes: 6.28%