New listing
21
$225,000
505 Redondo Dr Apt 407
Downers Grove, IL 60516
2 bd1 ba1,084 sqft
Condo
Est. $224KSold 2006 for $162K
Gary Barnes · Compass
More about this property
Downers Grove, IL Housing Market & Real Estate
Balanced market+13.5% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Downers Grove, IL is $530,000, up 13.5% year-over-year. Homes sell in an average of 55 days with 130 active listings. The market is currently a balanced market.
$530,000median sale price
Is Downers Grove a buyer's or seller's market?
Balanced market4.5 months of supply55 avg. days on market
Downers Grove, IL is currently a balanced market, based on 4.5 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
55
Average pace
Active listings
130
4.5 months supply
Sale-to-list
100.9%
Above asking
Downers Grove, IL market data
| Metric | Value |
|---|---|
| Median sale price | $530,000 |
| Median list price | $499,900 |
| Year-over-year price change | +13.5% |
| Average days on market | 55 days |
| Active inventory | 130 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 100.9% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Downers Grove housing market is currently classified as a balanced market with a median sale price of $530,000. Prices have risen 13.5% compared to last year, with homes spending an average of 55 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Downers Grove
There are currently 130 homes listed for sale in Downers Grove, Illinois. The median listing price is $500K. Featured listings range from $225,000 to $1,650,000.
New listing
33
$319,000
1868 Brighton St
Downers Grove, IL 60516
2 bd2 ba1,394 sqft
Townhouse
Est. $334KSold 2006 for $196K
Marina Jacobson · Berkshire Hathaway HomeServices Chicago
More about this property
New listing
28
$385,000
5429 Benton Ave
Downers Grove, IL 60515
3 bd1 ba1,557 sqft
House6,569 sqft lot
Est. $442KSold 2006 for $277K
Jamie Fudym · Berkshire Hathaway HomeServices Chicago
More about this property
New listing
$424,900
935 Burlington Ave Unit 304
Downers Grove, IL 60515
1 bd2 ba1,167 sqft
Condo
Est. $462KSold 2018 for $285K
Jerome Goergen · Goergen Realty LLC
More about this property
New listing
28
$499,000
4714 Highland Ave
Downers Grove, IL 60515
3 bd2 ba1,931 sqft
House
Est. $507KSold 2025 for $550K
Lauren Walz · Coldwell Banker Realty
More about this property
New listing
20
$594,900
5940 Carpenter St
Downers Grove, IL 60516
3 bd3 ba1,682 sqft
House8,712 sqft lot
Est. $312KSold 2025 for $308K
Adrian Martinez · Realty ONE Group Karmma
More about this property
New listing
$615,000
1246 Warren Ave
Downers Grove, IL 60515
3 bd3 ba1,472 sqft
House8,276 sqft lot
Est. $599KSold 2025 for $650K
Sabrina Glover · Platinum Partners Realtors
More about this property
New listing
28
$650,000
7113 Dunham Rd
Downers Grove, IL 60516
4 bd3 ba2,600 sqft
House
Est. $740KSold 2007 for $520K
Patty Wardlow · @properties Christie's International Real Estate
More about this property
New listing
85
$685,000
6831 Plymouth Rd
Downers Grove, IL 60516
5 bd3 ba2,655 sqft
House
Est. $433KSold 2025 for $425K
Karen Reicher · RE/MAX Enterprises
More about this property
New listing
$725,000
Address unavailable
Downers Grove, IL 60515
3 bd3 ba2,059 sqft
House
Est. $644KSold 2005 for $505K
Eileen Kenah · Keller Williams Experience
More about this property
New listing
15
$899,000
525 36th St
Downers Grove, IL 60515
4 bd4 ba4,251 sqft
House
Est. $922K
Katherine Karvelas · @properties Christie's International Real Estate
More about this property
New listing
32
$1,650,000
4620 Stonewall Ave
Downers Grove, IL 60515
4 bd5 ba3,313 sqft
House12,197 sqft lot
Est. $1.3MSold 2009 for $290K
Joanna Matthies · @properties Christie's International Real Estate
More about this property
Looking to buy in Downers Grove?
Get connected with a local real estate expert — free, no obligation.
Active listings
130
Homes on market
Median list price
$500K
Avg. days on market
55
Days until sale
New this week
56
Newly listed
Price drops:18.5%of listings
Sale-to-list:100.9%
Top public schools in Downers Grove
17 schools tracked · 10,280 students
The largest public schools serving Downers Grove, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Comm H S Dist 99 - South High Sch
Grades 9-12 · 2,604 students
Comm H S Dist 99 - North H S
Grades 9-12 · 2,104 students
Herrick Middle School
Grades 7-8 · 626 students
Lester Elem School
Grades PK-6 · 546 students
O Neill Middle School
Grades 7-8 · 438 students
Hillcrest Elem School
Grades PK-6 · 372 students
Lakeview Jr High School
Grades 6-8 · 370 students
Highland Elem School
Grades PK-6 · 366 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in IL
Frequently asked questions
What is the average home price in Downers Grove?
The median home sale price in Downers Grove is $530,000, up 13.5% from last year.
How long do homes stay on market in Downers Grove?
Homes typically spend 55 days on market before going under contract.
Is Downers Grove a buyer's or seller's market?
With 4.5 months of supply, Downers Grove is currently a balanced market.
How many homes are for sale in Downers Grove?
There are currently 130 homes listed for sale in Downers Grove, IL.
Pre-launch · for real estate professionals
Reserve a slot on this page
Get your brokerage in front of buyers actively shopping this city on the Downers Grove, IL market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.
$100 / month
Reserve slotGet Downers Grove market alerts
Weekly updates on prices, inventory, and trends. Free forever.