Downers Grove home prices rose in January 2022

Downers Grove home prices rose in January 2022
By DuPage Policy Journal

The median sale price of a home sold in January 2022 in Downers Grove rose by $18,750 while total sales increased by 54.7%, according to BlockShopper.com.

In January 2022, there were 99 homes sold, with a median sale price of $365,000 - a 5.4% increase over the $346,250 median sale price for the same period of the previous year. There were 64 homes sold in Downers Grove in January 2021.

The median sales tax in Downers Grove for the most recent year with available data, 2019, was $6,203, approximately 1.7% of the median home sale price for January 2022.

The following table compares Downers Grove to other DuPage County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Elmhurst655910.2%$455,000$430,0005.8%
Glen Ellyn4454-18.5%$450,000$517,000-13%
Naperville15213314.3%$405,000$349,00016%
Medinah5366.7%$400,000$366,0009.3%
Winfield131118.2%$396,000$290,00036.6%
Downers Grove996454.7%$365,000$346,2505.4%
Darien2734-20.6%$362,000$300,00020.7%
Wheaton81775.2%$345,000$321,5007.3%
Itasca151050%$330,000$386,000-14.5%
Bartlett3037-18.9%$320,000$317,0000.9%
Lisle362171.4%$313,750$296,0006%


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