Home prices
The cost of the median home in Downers Grove is $353,100. It is roughly $122,880 (25%) lower in comparison to other places in this area.It is about $135,600 (62%) higher compared to the entire nation, and in comparison to the city of Chicago it is about $95,100 (36%) higher.
Rents
In Downers Grove the median rent is $1,315 a month. Compared to its surrounding areas this is roughly $20 (1%) higher.Compared to the US as a whole it is roughly $253 (23%) higher, and it is about $203 (18%) higher compared to the city of Chicago.
Nearby places
Westmont
Westmont is Downers Grove's neighbor to the east. Real estate prices there are somewhat less expensive. The median home in Westmont is valued at $301,900, which is $51,200 (16%) lower than Downers Grove. Rent there is a bit less expensive. The median monthly rent in Westmont is $1,139, which works out to $176 (15%) lower than Downers Grove.
Lisle
Lisle is Downers Grove's neighbor to the west. Housing prices there are pretty similar. The median home in Lisle costs $356,900, which comes out to $3,800 (1%) higher than Downers Grove. The rent there is pretty similar. Lisle's median rent is $1,279 a month, which comes out to $36 (2%) lower than Downers Grove.
Darien
Darien is Downers Grove's neighbor to the southeast. Its real estate prices are a little less expensive. Darien's median home cost is $330,000, which comes out to $23,100 (7%) lower than Downers Grove. Rent there is a bit less expensive. The median rent in Darien is $1,201 a month, which comes out to $114 (9%) lower than Downers Grove.
Clarendon Hills
Clarendon Hills is approximately 2 miles east from Downers Grove. The real estate prices there are somewhat more expensive. The median home cost in Clarendon Hills is $506,400, which works out to $153,300 (30%) higher than Downers Grove. Rent there is significantly less expensive. Clarendon Hills's median rent is $978 a month, which comes out to $337 (34%) lower than Downers Grove.
Hinsdale
Hinsdale is approximately 3 miles east of Downers Grove. Housing prices there are a lot more expensive. The median home in Hinsdale is valued at $884,700, which works out to $531,600 (60%) higher than Downers Grove. Rent there is a bit more expensive. Hinsdale's median rent is $1,879 a month, which comes out to $564 (30%) higher than Downers Grove.