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Downers Grove, IL

Full City Profile · Illinois · DuPage County County

3.9 /5.0
B+ Good
49,867 Population 3,404/sq mi density
$119,649 Median Income $67,649 per capita
$439,000 Home Value $482,252 Zillow
$1,589 Median Rent 29.8% income on rent
49°F Avg Temperature 275 sunny days/yr
93 Violent Crime/100K 1,480 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$119,649 median income, 2.7% unemployment
A+
Affordability
4.6 / 5.0
$439,000 home value, $1,589/mo rent
F
Safety
1.0 / 5.0
93 violent crimes/100K
A+
Education
5.0 / 5.0
58.8% bachelor's degree or higher

Housing Overview

Median Home Value
$439,000
56% above
US avg: $281,900
Median Rent
$1,589/mo
37% above
US avg: $1,163/mo
Homeownership Rate
75.3%
15% above US avg (65.4%)
Total Housing Units
21,125
Median year built: 1973

Home Value by Source

Census Median
$439,000
Zillow (ZHVI)
$482,252
Median Sale Price
$530,000
Median List Price
$499,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.3%
Owner-Occupied
24.7%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,589/mo · Zillow rent: $2,324/mo

Market Indicators (Redfin)

Median Days on Market
55 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
29
Price Drops
18.5%
of listings with price reduction
Price Per Sq Ft
$269
Active Inventory
130
homes for sale

Affordability & Housing Stock

Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
75.3%

Complete Housing Data

Home Values

Census Median Value$439,000
Zillow Home Value (ZHVI)$482,252
Median Sale Price$530,000
Median List Price$499,900
Price Per Sq Ft$269

Rent

Census Median Rent$1,589
Zillow Rent (ZORI)$2,324
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market55
Sale-to-List Ratio1.0%
Price Drops18.5%
Homes Sold29
Active Inventory130
Price Per Sq Ft$269

Ownership & Stock

Owner-Occupied75.3%
Renter-Occupied24.7%
Homeownership Rate75.3%
Total Housing Units21,125
Median Year Built1973
Rent Burden29.8%