Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $309,950
    3% ( $9,950 ) vs Sep 2013
  • Median Sales Price
    $303,000
    7% ( $23,500 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $265,000
    10% ( $29,750 ) vs Sep 2013
  • Foreclosures 180
    Homes for Sale 99
    Recently Sold 674

Market Summary

There are currently 180 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 99.

In October, the number of properties that received a foreclosure filing in Downers Grove, IL was 38% lower than the previous month and 56% lower than the same time last year.

Home sales for September 2014 were up 10% compared with the previous month, and up 7% compared with a year ago. The median sales price of a non-distressed home was $303,000. The median sales price of a foreclosure home was $265,000, or 13% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$265,000 (Median Foreclosure Sales Price) $294,750 (Median Foreclosure 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) $303,000 (Median Sales Price) $326,500 (Median Sales Price) $304,000 (Median Sales Price) $305,000 (Median Sales Price) $287,250 (Median Sales Price) $296,000 (Median Sales Price) $265,000 (Median Foreclosure Sales Price) $294,750 (Median Foreclosure 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) $303,000 (Median Sales Price) $326,500 (Median Sales Price) $304,000 (Median Sales Price) $305,000 (Median Sales Price) $287,250 (Median Sales Price) $296,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
211
26.5
% (y-o-y)
$355,375
1.6
% (y-o-y)
36.0%
32.2
% (y-o-y)
Bolingbrook
111
41.6
% (y-o-y)
$167,000
5.0
% (y-o-y)
19.9%
17.5
% (y-o-y)
Wheaton
100
7.4
% (y-o-y)
$293,000
3.5
% (y-o-y)
34.7%
37.7
% (y-o-y)
Lombard
87
4.4
% (y-o-y)
$205,000
0.0
% (y-o-y)
22.0%
35.9
% (y-o-y)
Glen Ellyn
70
9.1
% (y-o-y)
$330,000
5.8
% (y-o-y)
Data not available
Willowbrook
58
3.6
% (y-o-y)
$297,000
1.1
% (y-o-y)
73.1%
54.0
% (y-o-y)
Elmhurst
55
43.3
% (y-o-y)
$379,250
16.7
% (y-o-y)
39.5%
19.3
% (y-o-y)
La Grange
54
10.2
% (y-o-y)
$310,000
10.7
% (y-o-y)
71.0%
38.4
% (y-o-y)
Westchester
48
54.8
% (y-o-y)
$212,500
10.4
% (y-o-y)
27.1%
26.2
% (y-o-y)
Woodridge
39
22.0
% (y-o-y)
$240,000
5.7
% (y-o-y)
61.3%
29.5
% (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: 4.50%
Percentage of vacant homes: 6.28%