Pricing for the median home in Downers Grove increased during the second half of 2021

Pricing for the median home in Downers Grove increased during the second half of 2021
By DuPage Policy Journal

The median sale price of a home sold in the second half of 2021 in Downers Grove rose by $44,000 while total sales increased by 6.2%, according to BlockShopper.com.

From July through December of 2021, there were 551 homes sold, with a median sale price of $384,000 - a 12.9% increase over the $340,000 median sale price for the same period of the previous year. There were 519 homes sold in Downers Grove in the second half 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 second half of 2021.

The following table compares Downers Grove to other DuPage County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Clarendon Hills129137-5.8%$500,000$475,0005.3%
Glenbard South393511.4%$460,000$351,50030.9%
Elmhurst5224994.6%$450,000$453,000-0.7%
Glen Ellyn305311-1.9%$417,500$442,500-5.6%
Naperville9048664.4%$415,000$377,00010.1%
Downers Grove5515196.2%$384,000$340,00012.9%
Wheaton58252011.9%$370,000$336,7509.9%
Darien24922510.7%$349,000$320,0009.1%
Medinah1516-6.3%$347,000$385,000-9.9%
Winfield101108-6.5%$347,000$311,00011.6%
Bartlett25220622.3%$345,000$300,00015%


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