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ZIP 60516 in Downers Grove, IL: housing market trends

The median home sale price in ZIP 60516 in Downers Grove, IL was $524,846 for the three-month period ending September 2026. Sale prices were 12.9% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$524,846
three-month period ending September 2026
Median sale price per sq ft
$268.34
three-month period ending September 2026
Active listings
147
three-month period ending September 2026
Typical monthly rent
$2,014
Rent index · August 2026

How is housing inventory changing?

There were 147 active listings for the three-month period ending September 2026. Active listings were 13.5% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 45 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 60516 in Downers Grove, IL
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$524,846$268.3474
Single-familySeptember 2026$562,358$280.3457
TownhousesSeptember 2026$345,000$246.835 · small sample
Condos / co-opsSeptember 2026$241,993$242.4712
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 60516 in Downers Grove, IL
MarketMedian sale priceReporting period / source
Darien, IL$447,2873 months ending September 2026 · Redfin
Woodridge, IL$424,7983 months ending September 2026 · Redfin
Downers Grove, IL$550,000Month ending July 2026 · Zillow
Westmont, IL$418,8013 months ending September 2026 · Redfin
Clarendon Hills, IL$799,6193 months ending September 2026 · Redfin
Lisle, IL$539,7433 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 60516 in Downers Grove, IL
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$524,846$268.34147
August 2026$500,000$261.36161
July 2026$505,000$267.41164
June 2026$512,500$269.52160
May 2026$522,000$274.57162
April 2026$520,000$287.18140
March 2026$468,750$264.93119
February 2026$463,838$264.21128
January 2026$450,000$260.33125
December 2025$450,000$251.53130
November 2025$455,000$252.63147
October 2025$462,000$245.37161
September 2025$465,000$243.40170
August 2025$482,500$241.29181
July 2025$456,500$247.77180
June 2025$451,000$254.02173
May 2025$442,000$260.42161
April 2025$450,500$255.20143
March 2025$441,500$248.72118
February 2025$430,000$245.79109
January 2025$445,000$241.67108
December 2024$450,000$237.88120
November 2024$460,000$237.74141
October 2024$445,000$230.77157

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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