Zip 60515 (Downers Grove, IL) Housing

The housing market in 60515 Downers Grove, IL is thriving with a median value of $391,700. This is significantly higher than the US house median value of $338,100. In addition to this impressive figure, the US 1 year house appreciation rate stands at 8.27%, while that for 60515 Downers Grove is even higher at 9.58%. This indicates potential for further investments and growth in the area, making it a great place for prospective homeowners.

The median home cost in Downers Grove (zip 60515) is $391,700. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Downers Grove (zip 60515) is up 14.1%.

Average Age of Homes

- The median age of Downers Grove (zip 60515) real estate is 51 years old

The Rental Market in Downers Grove (zip 60515)

- Renters make up 21.9% of the Downers Grove (zip 60515) population
- 1.3% of houses and apartments in Downers Grove (zip 60515), 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
	12,395.0	139,647,020.0
	53	42
	$391,700	$338,100
	14.1%	16.6%
	34.5%	57.0%
	59.2%	101.1%
	$17.28	$10.98
	$6,775	$2,690
	74.3%	57.4%
	4.4%	11.2%
	21.3%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	1.1%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.1%	2.4%
	0.3%	2.8%
	1.7%	3.9%
	2.8%	4.5%
	10.0%	11.3%
	3.6%	13.0%
	11.9%	20.1%
	20.5%	13.6%
	17.1%	8.3%
	20.4%	9.7%
	7.1%	3.9%
	3.2%	2.2%
	0.5%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	9.5%	13.6%
	9.5%	13.6%
	6.0%	13.6%
	7.3%	13.2%
	16.3%	14.8%
	6.0%	13.6%
	15.5%	10.0%
	4.5%	4.7%
	14.9%	12.2%

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