Why Live in Downers Grove
About 25 miles west of downtown Chicago, Downers Grove is part of the city’s sprawling suburban expanse, anchored by a downtown village center with a commuter train station, and partly bounded by two interstate highways. Established in the mid-1800s, the village of approximately 50,000 people features the country’s first 18-hole golf course and an old-fashioned theater palace with a dazzling Wurlitzer pipe organ. In addition to the historic venues, Downers Grove boasts numerous downtown events and festivals that bring neighbors together throughout the year. “That adds to the community feel of Downers Grove,” says Maureen Flavin, a broker with Berkshire Hathaway HomeServices Chicago, who has lived therein the village since 1997. “My kids don’t like going to the grocery store with me because I will run into somebody I know. That’s the neighborly vibe that Downers Grove has.” Though many commute to work in Chicago, Downers Grove is also home to headquarters for Advocate Aurora Health, manufacturing conglomerate Dover Corporation and chemical distributor Univar Solutions. Other major employers in the community include Advocate Good Samaritan Hospital, State Farm and Invesco. The
Home Trends in Downers Grove, IL
On average, homes in Downers Grove, IL sell after 42 days on the market compared to the national average of 69 days. The median sale price for homes in Downers Grove, IL over the last 12 months is $517,500, down 40% from the median home sale price over the previous 12 months.
Median Sale Price
$517,500
Median Single Family Sale Price
$800,000
Median Townhouse Sale Price
$584,900
Median 2 Bedroom Sale Price
$182,221
Average Price Per Sq Ft
$229
Number of Homes for Sale
3
Last 12 months Home Sales
40
Median List Price
$669,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-40%