Downers Grove, IL Housing

Downers Grove, IL is a great place to invest in housing due to its higher median value of $389,700 compared to the US house median value of $338,100 and its higher 1 year house appreciation rate of 14.10% compared to the US 1 year house appreciation rate of 8.27%. As a result, it is an attractive option for both buyers and investors looking for properties with greater potential for price growth. With houses that are more expensive initially but have greater potential for future returns, Downers Grove provides an excellent opportunity for those investing in the housing market.

The median home cost in Downers Grove is $389,700. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Downers Grove is up 14.1%.

Average Age of Homes

- The median age of Downers Grove real estate is 45 years old

The Rental Market in Downers Grove

- Renters make up 21.8% of the Downers Grove population
- 1.3% of houses and apartments in Downers Grove, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Downers Grove, Illinois	United States
	21,388.0	139,647,020.0
	47	42
	$389,700	$338,100
	14.1%	16.6%
	34.5%	57.0%
	59.2%	101.1%
	$17.83	$10.98
	$6,678	$2,690
	72.1%	57.4%
	4.7%	11.2%
	23.1%	31.4%
Vacant Housing
	1.3%	1.9%
	0.2%	0.4%
	1.1%	0.7%
	0.6%	0.4%
	0.7%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.1%	2.4%
	0.2%	2.8%
	1.0%	3.9%
	1.9%	4.5%
	8.0%	11.3%
	4.8%	13.0%
	13.9%	20.1%
	26.3%	13.6%
	17.6%	8.3%
	18.0%	9.7%
	5.3%	3.9%
	2.0%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.8%	13.6%
	6.8%	13.6%
	8.7%	13.6%
	14.2%	13.2%
	23.8%	14.8%
	8.7%	13.6%
	12.2%	10.0%
	2.7%	4.7%
	9.3%	12.2%

Reviews for Downers Grove

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Molly · Downers Grove, IL

Best Tax Preparer in Downers Grove Illinois

Over 8 years ago

Hi I have been living in Downers Grove since 1988. I used to work in Bank and couple other had been served couple other firms in managerial level. I found the best Tax More

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Paul · Downers Grove, IL

Quiet

Over 12 years ago

Quiet fmily neighborhoods with good More

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Stephen · Downers Grove, IL

Safe Place

Over 17 years ago

One of the safest places to live in the More

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