Downers Grove home prices rise in the fourth quarter of 2019
The median sale price of a home sold in the fourth quarter of 2019 in Downers Grove rose by $15,500 while total sales decreased by 18.4%, according to BlockShopper.com.
From October through December of 2019, there were 164 homes sold, with a median sale price of $315,000 - a 5.2% increase over the $299,500 median sale price for the same period of the previous year. There were 201 homes sold in Downers Grove in the fourth quarter of 2018.
The median sales tax in Downers Grove for the most recent year with available data, 2018, was $6,093, approximately 1.9% of the median home sale price for the fourth quarter of 2019.
The following table compares Downers Grove to other DuPage County cities with similar median sales prices in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Wayne | 1 | 8 | -87.5% | $380,000 | $410,000 | -7.3% |
| Naperville | 310 | 420 | -26.2% | $356,100 | $328,500 | 8.4% |
| Glen Ellyn | 103 | 110 | -6.4% | $348,000 | $322,000 | 8.1% |
| Medinah | 12 | 11 | 9.1% | $320,750 | $362,000 | -11.4% |
| Glenbard South | 14 | 18 | -22.2% | $319,750 | $288,250 | 10.9% |
| Downers Grove | 164 | 201 | -18.4% | $315,000 | $299,500 | 5.2% |
| Lisle | 64 | 87 | -26.4% | $313,500 | $285,000 | 10% |
| Wheaton | 184 | 194 | -5.2% | $302,500 | $293,000 | 3.2% |
| Darien | 74 | 85 | -12.9% | $292,500 | $287,500 | 1.7% |
| Bolingbrook | 5 | 7 | -28.6% | $288,000 | $305,000 | -5.6% |
| Bartlett | 101 | 71 | 42.3% | $276,000 | $294,000 | -6.1% |