From October to December, 201 homes sold in Downers Grove for a median price of $299,500. That's 0.5 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 6 homes in Downers Grove were in foreclosure.
Median property tax for homeowners in Downers Grove was $5,068.30 in 2017 according to tax data from that year. That means homeowners pay 1.7 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Downers Grove real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
124
$315,900
-
2010
100
$310,650
-1.7%
2011
100
$233,910
-24.7%
2012
135
$288,305
23.3%
2013
190
$313,200
8.6%
2014
170
$286,200
-8.6%
2015
208
$304,750
6.5%
2016
199
$285,075
-6.5%
2017
194
$298,095
4.6%
2018
201
$299,500
0.5%
Median property tax
Median sale price
Effective property tax rate
2011
$4,508.42
$233,910
1.9%
2012
$5,167.36
$288,305
1.8%
2013
$5,532.13
$313,200
1.8%
2014
$4,829.67
$286,200
1.7%
2015
$5,405.84
$304,750
1.8%
2016
$5,040.06
$285,075
1.8%
2017
$5,068.29
$298,095
1.7%
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