Villas of Deer Park
Data as of July 2026. Source: Realtor.com.
The DOWNERS GROVE, IL real estate market (60516) currently shows 63 active listings, with 32 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 31 days on market compared to 25 days last year.
The median listing price has fallen 2.2% year-over-year, from $524,000 to $512,450.
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 July 2026, there are 63 active listings in DOWNERS GROVE, IL (zip code 60516), compared to 80 the prior year.
The median listing price in DOWNERS GROVE, IL 60516 is $512,450 as of July 2026, a 2.2% decrease from $524,000 the prior year.
Homes in DOWNERS GROVE, IL 60516 spend an average of 31 days on the market before going under contract, compared to 25 days the prior year.
Based on current inventory and days-on-market data as of July 2026, DOWNERS GROVE, IL 60516 is currently a Balanced Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 31 days on market compared to 25 days last year.
With SELL123.com's maximum 3% commission, sellers in DOWNERS GROVE, IL 60516 save an estimated $10,249 compared to a typical 5% commission on the median listing price of $512,450. 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.