Downers Grove, IL Real Estate

According to census data in the year 2000 there were 19,521 housing units in Downers Grove. This represents a 7.5% growth from 18,166 in 1990.

Of those housing units, 19,521 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Downers Grove is about 78.5%. Downers Grove's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Downers Grove were built after 1968.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom14%
Two Bedrooms23.80%
Three Bedrooms35.80%
Four Bedrooms21.90%
Five Bedrooms or more3.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1967
Median Value of occupied units$205,900
Median Price asked for vacant units$197,800

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1973
Median Monthly Rent asked for vacant units$763

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.80%
Home Equity Loan15%
Simple Mortgage53.30%
Debt Free25.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%