Dupage Policy Journal

Dupage Policy Journal

Tuesday, October 22, 2019

Downers Grove home prices fall in June 2019

Real Estate

By Local Labs News Service | Jul 7, 2019


The median sale price of a home sold in June 2019 in Downers Grove fell by $8,000 while total sales decreased by 36.6%, according to BlockShopper.com.

In June 2019, there were 71 homes sold, with a median sale price of $340,000 - a 2.3% decrease over the $348,000 median sale price for the same period of the previous year. There were 112 homes sold in Downers Grove in June 2018.

The median sales tax in Downers Grove for the most recent year with available data, 2017, was $5,890, approximately 1.7% of the median home sale price for June 2019.

The following table compares Downers Grove to other DuPage County cities with similar median sales prices in June 2019:

City
June 2019 Home Sales
June 2018 Home Sales
% change (Total Home Sales)
June 2019 Median Sales Price
June 2018 Median Sales Price
% change (Median Sales Price)
Medinah
2
0
-
$396,250
$0
-
Glen Ellyn
43
57
-24.6%
$380,000
$450,000
-15.6%
Naperville
118
241
-51%
$378,250
$372,000
1.7%
Elmhurst
58
116
-50%
$370,000
$429,500
-13.9%
Glenbard South
13
6
116.7%
$370,000
$390,000
-5.1%
Downers Grove
71
112
-36.6%
$340,000
$348,000
-2.3%
Itasca
10
9
11.1%
$340,000
$275,000
23.6%
Wheaton
68
122
-44.3%
$339,000
$339,500
-0.1%
Winfield
16
15
6.7%
$326,250
$327,000
-0.2%
Bolingbrook
2
3
-33.3%
$325,000
$280,000
16.1%
Westmont
36
46
-21.7%
$310,000
$278,000
11.5%

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