Pricing for the median home in Downers Grove increased during the fourth quarter of 2021
The median sale price of a home sold in the fourth quarter of 2021 in Downers Grove rose by $52,500 while total sales decreased by 6.9%, according to BlockShopper.com.
From October through December of 2021, there were 230 homes sold, with a median sale price of $392,500 - a 15.4% increase over the $340,000 median sale price for the same period of the previous year. There were 247 homes sold in Downers Grove in the fourth quarter of 2020.
The median sales tax in Downers Grove for the most recent year with available data, 2019, was $6,203, approximately 1.6% of the median home sale price for the fourth quarter of 2021.
The following table compares Downers Grove to other DuPage County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glenbard South | 21 | 20 | 5% | $460,000 | $342,500 | 34.3% |
| Naperville | 373 | 423 | -11.8% | $415,000 | $382,000 | 8.6% |
| Clarendon Hills | 48 | 71 | -32.4% | $415,000 | $495,000 | -16.2% |
| Elmhurst | 216 | 249 | -13.3% | $403,000 | $452,500 | -10.9% |
| Glen Ellyn | 128 | 155 | -17.4% | $395,500 | $420,000 | -5.8% |
| Downers Grove | 230 | 247 | -6.9% | $392,500 | $340,000 | 15.4% |
| Oakbrook Terrace | 12 | 10 | 20% | $380,000 | $237,500 | 60% |
| Winfield | 37 | 51 | -27.5% | $355,000 | $323,000 | 9.9% |
| Bartlett | 113 | 113 | 0% | $345,000 | $300,000 | 15% |
| Wheaton | 240 | 260 | -7.7% | $343,750 | $329,500 | 4.3% |
| Medinah | 8 | 9 | -11.1% | $343,500 | $400,000 | -14.1% |