Villas of Deer Park
Data as of April 2026. Source: Realtor.com.
The DOWNERS GROVE, IL real estate market (60516) currently shows 53 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 7 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 30 days on market compared to 23 days last year.
The median listing price has risen 18% year-over-year, from $479,700 to $566,000.
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.
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 April 2026, there are 53 active listings in DOWNERS GROVE, IL (zip code 60516), compared to 60 the prior year.
The median listing price in DOWNERS GROVE, IL 60516 is $566,000 as of April 2026, a 18% increase from $479,700 the prior year.
Homes in DOWNERS GROVE, IL 60516 spend an average of 30 days on the market before going under contract, compared to 23 days the prior year.
Based on current inventory and days-on-market data as of April 2026, DOWNERS GROVE, IL 60516 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 30 days on market compared to 23 days last year.
With SELL123.com's maximum 3% commission, sellers in DOWNERS GROVE, IL 60516 save an estimated $11,320 compared to a typical 5% commission on the median listing price of $566,000. 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.