Avinash Chandra and Jaina Sheela Sharma buy 9 Elizabeth Lane, Downers Grove

The home at 9 Elizabeth Lane, Downers Grove was sold on April 14 by Loretta MacZko for $650,000.

The buyers were Avinash Chandra and Jaina Sheela Sharma.

The property tax paid for this property in 2021 was $9,064. This is 1.4% of the sale price of the home.

This property is one of 48 sales in Downers Grove (DuPage County) from March 14 to April 14.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.