Downers Grove, IL 60515

Downers Grove Market Report · IL Home Values

Downers Grove, IL holds about 21,527 homes, 75% of them owner-occupied, with a median year built of 1974. Downers Grove includes established traditional homes, custom rebuilds, and attached residences. Buyers balance pricing against neighboring communities such as Lisle and Naperville. Housing inventory features wooded lots and central DuPage positioning.

The Downers Grove median sold price stands at $540,500 as of May 2026, +6% year over year. The twelve-month peak was $580,000 in January 2026. 625 homes closed over the period, averaging 103.3% of list price most recently, with 36 days on market.

Read the trend, not the single month. Downers Grove pricing follows preparation and seasonality more than it follows rate news, and the spread between prepared and unprepared homes is wider than the median suggests. A street-level read is a different number from the one above, and the table below is where it starts.

$541K median sold+6% year over year36d on market
Downers Grove median sold price by monthMedian sold price from June 2025 ($510,000) to May 2026 ($540,500).
Downers Grove median sold · trailing 12 months

Downers Grove by the month

12 months of Downers Grove closings, June 2025 through May 2026. Each panel is one series; the table carries every figure.

Median sold price$540,500 May 2026The median Downers Grove home sold for $540,500 in May 2026, up 6% from $510,000 in June 2025.
Median sold price, Downers Grove, by monthMedian sold price from June 2025 ($510,000) to May 2026 ($540,500).$400K$500K$600KJunNovMay
Homes closed54 May 202654 homes closed in Downers Grove in May 2026, down 16.9% from 65 in June 2025.
Homes closed, Downers Grove, by monthHomes closed from June 2025 (65) to May 2026 (54).0255075JunNovMay
New listings74 May 202674 homes came on the market in May 2026, up 5.7% from 70 in June 2025.
New listings, Downers Grove, by monthNew listings from June 2025 (70) to May 2026 (74).050100JunNovMay
Closed per new listing0.73 May 20260.73 homes closed for every new listing in May 2026, down 0.20 from 0.93 in June 2025.
Closed per new listing, Downers Grove, by monthClosed per new listing from June 2025 (0.93) to May 2026 (0.73).0.51.01.52.0JunNovMay
Average days on market36 May 2026Homes averaged 36 days on the market in May 2026, 10 days faster than June 2025.
Average days on market, Downers Grove, by monthAverage days on market from June 2025 (46) to May 2026 (36).3040506070JunNovMay
Sold-to-list ratio103.3% May 2026Homes closed at 103.3% of list price in May 2026, up 1.9 points from 101.4% in June 2025.
Sold-to-list ratio, Downers Grove, by monthSold-to-list ratio from June 2025 (101.4%) to May 2026 (103.3%).98%100%102%104%JunNovMay
Months of supply2.5 May 2026149 homes are on the market in Downers Grove, about 2.5 months of supply at the pace of the last three months.

The properties shown here are transactions I personally represented, compiled from my public agent record. This site is not an MLS IDX feed and does not show the full active market; ask me and I will pull everything that fits.

Source: Redfin (through May 2026) · U.S. Census ACS (2024)

Twelve months of Downers Grove closings

MonthMedian soldClosedNew listingsAvg DOMList-to-sale
June 2025$510,000657046101.4%
July 2025$519,000706547100.4%
August 2025$480,000536143102.6%
September 2025$475,000606250100.5%
October 2025$437,00059564299.7%
November 2025$410,00038404999.7%
December 2025$465,00043245099%
January 2026$580,00031496499.5%
February 2026$535,167285360100.9%
March 2026$472,500705853101%
April 2026$537,500549150100.8%
May 2026$540,500547436103.3%

The properties shown here are transactions I personally represented, compiled from my public agent record. This site is not an MLS IDX feed and does not show the full active market; ask me and I will pull everything that fits.

Source: Redfin (through May 2026) · U.S. Census ACS (2024)

What the Downers Grove numbers say

The median Downers Grove home sold for $540,500 in May 2026, up 6% from $510,000 in June 2025. The twelve-month high was $580,000 in January 2026.

Homes averaged 36 days on the market and closed at 103.3% of list price in May 2026. That is 10 days faster than June 2025.

At the pace of the last three months, the 149 homes on the market in Downers Grove represent about 2.5 months of supply: less than four months, which is the range where prepared homes tend to clear quickly and buyers have little room to wait.

Buyers should expect to move on a home in days rather than weeks, and to have the comparable sales in hand before writing. Sellers are getting close to their asking price, which usually means the price was set against recent comparable sales rather than against what neighbors are asking.

Source: Redfin (through May 2026) · U.S. Census ACS (2024)

Talk to someone who works Downers Grove

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