Welcome to our 60515 real estate data hub, tailored for investors in Downers Grove, IL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 60515 in Downers Grove, IL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in DUPAGE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Downers Grove, IL real estate investing. Uncover the wealth of information available, and position yourself for success in the Downers Grove property market.
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Location Overview
- Zip Code: 60515
- City: Downers Grove
- State: IL
- Metro Area: Chicago-Naperville-Elgin, IL-IN-WI
- County Name: DUPAGE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $397,013
- Average Home Price (Single Family Homes): $439,853
- Average Monthly Rental Price (All Types): $2,138
- Price-to-Rent Ratio: 15
- Zillow Projected % appreciation from 4/2023-4/2024: -1.3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,610
- Average 3 Bedroom Section 8 Rental Rates: $2,040
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.55
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.22
- Number of Units Offered in Section 8 in the County: 2666
- Number of Occupied Units in Section 8 in the County: 2555
- Percentage of Section 8 Units Occupied in the County: 95.80000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 199.44
- Total % Appreciation since 2000 (Government Data): 94.33
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 3.66%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.84%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 18.23%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.08%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 67.47%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.62%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 70.89%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.7%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.44%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%