Downers Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $339,000
    1% ( $4,344 ) vs Jun 2014
  • Median Sales Price
    $308,000
    3% ( $8,500 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $190,834
    32% ( $45,834 ) vs Jun 2014
  • Foreclosures 140
    Homes for Sale 297
    Recently Sold 156

Market Summary

There are currently 140 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 297.

In July, the number of properties that received a foreclosure filing in Downers Grove, IL was 6% lower than the previous month and 36% lower than the same time last year.

Home sales for June 2015 were down 40% compared with the previous month, and down 50% compared with a year ago. The median sales price of a non-distressed home was $308,000. The median sales price of a foreclosure home was $190,834, or 38% lower than non-distressed home sales.

Sales Prices - Downers Grove, IL




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$190,834 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $174,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $308,000 (Median Sales Price) $316,500 (Median Sales Price) $279,750 (Median Sales Price) $249,000 (Median Sales Price) $251,250 (Median Sales Price) $270,000 (Median Sales Price) $190,834 (Median Foreclosure Sales Price) $145,000 (Median Foreclosure Sales Price) $110,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $174,500 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $308,000 (Median Sales Price) $316,500 (Median Sales Price) $279,750 (Median Sales Price) $249,000 (Median Sales Price) $251,250 (Median Sales Price) $270,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
77
64.2
% (y-o-y)
$313,500
8.3
% (y-o-y)
9.8%
32.7
% (y-o-y)
Wheaton
46
41.0
% (y-o-y)
$322,000
14.8
% (y-o-y)
32.6%
38.3
% (y-o-y)
Lombard
41
35.9
% (y-o-y)
$217,000
4.1
% (y-o-y)
25.7%
20.6
% (y-o-y)
Elmhurst
37
49.3
% (y-o-y)
$346,250
4.4
% (y-o-y)
33.0%
40.4
% (y-o-y)
Glen Ellyn
36
48.6
% (y-o-y)
$385,000
8.5
% (y-o-y)
55.2%
41.5
% (y-o-y)
Lisle
27
30.8
% (y-o-y)
$295,000
11.1
% (y-o-y)
Data not available
Willowbrook
26
39.5
% (y-o-y)
$205,000
31.7
% (y-o-y)
Data not available
Villa Park
24
40.0
% (y-o-y)
$188,500
0.5
% (y-o-y)
10.0%
20.6
% (y-o-y)
Westmont
22
15.4
% (y-o-y)
$218,667
12.4
% (y-o-y)
37.1%
3.2
% (y-o-y)
Hinsdale
22
50.0
% (y-o-y)
$825,000
32.1
% (y-o-y)
74.9%
48.1
% (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: 4.40%
Percentage of vacant homes: 6.28%