Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $289,450
    3% ( $7,550 ) vs Jan 2014
  • Median Sales Price
    $270,000
    4% ( $9,750 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $227,500
    9% ( $22,500 ) vs Jan 2014
  • Foreclosures 149
    Homes for Sale 207
    Recently Sold 438

Market Summary

There are currently 149 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 207.

In February, the number of properties that received a foreclosure filing in Downers Grove, IL was 11% higher than the previous month and 31% lower than the same time last year.

Home sales for January 2015 were down 25% compared with the previous month, and down 24% compared with a year ago. The median sales price of a non-distressed home was $270,000. The median sales price of a foreclosure home was $227,500, or 16% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$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) $294,750 (Median Foreclosure 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) $326,500 (Median 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) $294,750 (Median Foreclosure 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) $326,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
134
3.6
% (y-o-y)
$319,000
4.1
% (y-o-y)
20.4%
27.8
% (y-o-y)
Bolingbrook
86
9.5
% (y-o-y)
$168,000
12.1
% (y-o-y)
18.3%
21.3
% (y-o-y)
Wheaton
51
7.3
% (y-o-y)
$260,000
3.3
% (y-o-y)
Data not available
Lombard
42
14.3
% (y-o-y)
$207,000
1.0
% (y-o-y)
12.8%
11.7
% (y-o-y)
Glen Ellyn
38
2.6
% (y-o-y)
$320,000
5.9
% (y-o-y)
14.2%
46.8
% (y-o-y)
Elmhurst
37
39.3
% (y-o-y)
$334,500
11.5
% (y-o-y)
Data not available
La Grange
31
16.2
% (y-o-y)
$288,000
28.0
% (y-o-y)
27.1%
35.6
% (y-o-y)
Willowbrook
26
18.8
% (y-o-y)
$261,250
0.5
% (y-o-y)
Data not available
Lisle
20
13.0
% (y-o-y)
$185,500
7.3
% (y-o-y)
30.5%
30.9
% (y-o-y)
Westchester
19
24.0
% (y-o-y)
$189,000
0.5
% (y-o-y)
25.9%
43.9
% (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: 4.00%
Percentage of vacant homes: 6.28%