Population: 28,617 · Density: 1,458.4/mi² · Median household income: $113,032
Typical home value: $404,198 · Homeownership: 77.3%
Data as of January 2026. Source: Realtor.com.
The DOWNERS GROVE, IL real estate market (60516) currently shows 45 active listings, with 17 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 44 days on market compared to 45 days last year.
The median listing price has fallen 19.2% year-over-year, from $594,000 to $479,900.
Whether you are buying or selling in DOWNERS GROVE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60516 | Downers Grove, IL 60516 | 0.0 mi | 45 | $28,150,875 | $479,900 | $625,575 |
| 60517 | Woodridge, IL 60517 | 2.2 mi | 58 | $23,745,084 | $382,400 | $409,398 |
| 60515 | Downers Grove, IL 60515 | 3.3 mi | 74 | $44,219,144 | $425,000 | $597,556 |
| 60532 | Lisle, IL 60532 | 4.2 mi | 59 | $32,338,667 | $444,000 | $548,113 |
| 60521 | Hinsdale, IL 60521 | 5.0 mi | 38 | $56,856,360 | $1,100,000 | $1,496,220 |
| 60523 | Oak Brook, IL 60523 | 5.9 mi | 34 | $44,749,542 | $839,000 | $1,316,163 |
| 60439 | Lemont, IL 60439 | 6.3 mi | 94 | $67,971,494 | $619,675 | $723,101 |
| 60540 | Naperville, IL 60540 | 6.8 mi | 56 | $61,251,680 | $727,450 | $1,093,780 |
| 60525 | La Grange, IL 60525 | 7.6 mi | 46 | $28,892,094 | $449,000 | $628,089 |
| 60480 | Willow Springs, IL 60480 | 7.7 mi | 14 | $8,970,570 | $460,000 | $640,755 |
| 60526 | La Grange Park, IL 60526 | 8.1 mi | 7 | $4,074,000 | $499,000 | $582,000 |
| 60563 | Naperville, IL 60563 | 8.4 mi | 65 | $49,257,650 | $565,000 | $757,810 |
| 60490 | Bolingbrook, IL 60490 | 9.0 mi | 44 | $22,037,752 | $498,751 | $500,858 |
As of January 2026, there are 45 active listings in DOWNERS GROVE, IL (zip code 60516), compared to 48 the prior year.
The median listing price in DOWNERS GROVE, IL 60516 is $479,900 as of January 2026, a 19.2% decrease from $594,000 the prior year.
Homes in DOWNERS GROVE, IL 60516 spend an average of 44 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of January 2026, DOWNERS GROVE, IL 60516 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 44 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in DOWNERS GROVE, IL 60516 save an estimated $9,598 compared to a typical 5% commission on the median listing price of $479,900. 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.