Villas of Deer Park
Data as of September 2026. Source: Realtor.com.
The DOWNERS GROVE, IL real estate market (60516) currently shows 65 active listings, with 31 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 30 days on market compared to 44 days last year.
The median listing price has fallen 4.3% year-over-year, from $499,000 to $477,500.
Population: 28,617 · Density: 1,458.4/mi² · Median household income: $113,032
Typical home value: $404,198 · Homeownership: 77.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60516 | Downers Grove, IL 60516 | 0.0 mi | 53 | $33,069,721 | $475,925 | $623,957 |
| 60517 | Woodridge, IL 60517 | 2.2 mi | 65 | $30,446,390 | $472,500 | $468,406 |
| 60515 | Downers Grove, IL 60515 | 3.3 mi | 98 | $62,968,626 | $441,250 | $642,537 |
| 60532 | Lisle, IL 60532 | 4.2 mi | 72 | $37,732,680 | $433,725 | $524,065 |
| 60521 | Hinsdale, IL 60521 | 5.0 mi | 57 | $93,770,586 | $1,233,500 | $1,645,098 |
| 60523 | Oak Brook, IL 60523 | 5.9 mi | 38 | $54,442,752 | $839,000 | $1,432,704 |
| 60439 | Lemont, IL 60439 | 6.3 mi | 100 | $75,465,100 | $677,180 | $754,651 |
| 60540 | Naperville, IL 60540 | 6.8 mi | 70 | $84,315,140 | $843,750 | $1,204,502 |
| 60525 | La Grange, IL 60525 | 7.6 mi | 53 | $27,854,627 | $394,350 | $525,559 |
| 60480 | Willow Springs, IL 60480 | 7.7 mi | 15 | $8,964,255 | $462,500 | $597,617 |
| 60526 | La Grange Park, IL 60526 | 8.1 mi | 12 | $9,302,604 | $623,450 | $775,217 |
| 60563 | Naperville, IL 60563 | 8.4 mi | 83 | $60,417,526 | $593,475 | $727,922 |
| 60490 | Bolingbrook, IL 60490 | 9.0 mi | 48 | $25,971,840 | $507,778 | $541,080 |
As of September 2026, there are 65 active listings in DOWNERS GROVE, IL (zip code 60516), compared to 87 the prior year.
The median listing price in DOWNERS GROVE, IL 60516 is $477,500 as of September 2026, a 4.3% decrease from $499,000 the prior year.
Homes in DOWNERS GROVE, IL 60516 spend an average of 30 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of September 2026, DOWNERS GROVE, IL 60516 is currently a Seller's Market. Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 30 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in DOWNERS GROVE, IL 60516 save an estimated $9,550 compared to a typical 5% commission on the median listing price of $477,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.