How much do homes in Downers Grove Township, IL cost?

Median List Price

$424,930

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$17,674(+4.3%)

Key Takeaway

The list price of homes in Downers Grove Township has increased by 4.3% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $108.7K$114.9K+5.7%
2 $219K$215K-1.8%
3 $334.9K$350K+4.5%
4 $519K$532.7K+2.6%
5+ $898.6K$999K+11.2%

Median List Price Compared To Nearby Cities

Burr Ridge
+13.3%
Clarendon Hills
+4.7%
Downers Grove Township
+4.3%
Darien
+1.4%
Willowbrook
-8.0%

How many homes are available in Downers Grove Township, IL?

Number of Homes For Sale

Jul 2021Aug 2021%
1,1861,211+2.1%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 3941+5.1%
2 197209+6.1%
3 320332+3.8%
4 322310-3.7%
5+ 308319+3.6%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
122 Days104 Days-14.8%

Breakdown of Home Sale Times

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Key Takeaway

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About Downers Grove Township, IL

There are 1,211 homes are for sale in Downers Grove Township, IL real estate market. The number of listings in Downers Grove Township, IL increased by 2.1% between July 2021 and August 2021. Listings spent 104 days on the market in August 2021, and had a median list price of $424,930 during the same period. Between July 2021 and August 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 5.7% more expensive, 2 bedrooms properties became 1.8% more cheaper, 3 bedrooms properties prices increased by 4.5%, the cost of 4 bedrooms properties went up by 2.6%, 5 bedrooms properties became 11.2% more expensive. This housing market inventory have changed: 1 bedroom homes became 5.1% more available, volume of 2 bedrooms homes went up by 6.1%, 3 bedrooms homes became 3.8% more available, number of 4 bedrooms homes decreased by 3.7%, the quantity of 5 bedrooms homes went up by 3.6%. In August 2021 more than 77 listings in Downers Grove Township, IL were sold above the asking price. During the same period more than 56 listings were sold at asking price, while more than 143 were sold below.

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