Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $321,250
    3% ( $10,750 ) vs Jul 2013
  • Median Sales Price
    $304,000
    0% ( $1,000 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $262,500
    13% ( $30,000 ) vs Jul 2013
  • Foreclosures 194
    Homes for Sale 253
    Recently Sold 637

Market Summary

There are currently 194 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 253.

In August, the number of properties that received a foreclosure filing in Downers Grove, IL was 32% lower than the previous month and 0% higher than the same time last year.

Home sales for July 2014 were down 14% compared with the previous month, and down 53% compared with a year ago. The median sales price of a non-distressed home was $304,000. The median sales price of a foreclosure home was $262,500, or 14% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$262,500 (Median Foreclosure 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) $304,000 (Median 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) $262,500 (Median Foreclosure 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) $304,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
176
53.2
% (y-o-y)
$349,000
3.5
% (y-o-y)
30.4%
24.1
% (y-o-y)
Wheaton
74
51.0
% (y-o-y)
$293,250
3.9
% (y-o-y)
33.0%
46.1
% (y-o-y)
Elmhurst
67
44.6
% (y-o-y)
$370,000
11.6
% (y-o-y)
33.8%
34.8
% (y-o-y)
Bolingbrook
65
51.5
% (y-o-y)
$163,000
6.6
% (y-o-y)
25.2%
30.1
% (y-o-y)
Glen Ellyn
59
46.4
% (y-o-y)
$317,000
11.9
% (y-o-y)
21.5%
45.9
% (y-o-y)
Lombard
58
47.7
% (y-o-y)
$205,000
2.4
% (y-o-y)
21.5%
34.8
% (y-o-y)
Hinsdale
40
36.5
% (y-o-y)
$675,000
22.0
% (y-o-y)
25.9%
7.5
% (y-o-y)
La Grange
37
57.5
% (y-o-y)
$316,000
7.1
% (y-o-y)
57.1%
29.3
% (y-o-y)
Darien
33
37.7
% (y-o-y)
$283,500
11.6
% (y-o-y)
39.7%
40.7
% (y-o-y)
Willowbrook
33
54.2
% (y-o-y)
$229,500
24.8
% (y-o-y)
Data not available

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: 5.00%
Percentage of vacant homes: 6.28%