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Belmont Downtown Downers Grove (Downtown) Oakwood

DOWNERS GROVE, IL 60515

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60515

Belmont · Downtown Downers Grove (Downtown) · Oakwood

Market Analysis

Data as of February 2026. Source: Realtor.com.

The DOWNERS GROVE, IL real estate market (60515) currently shows 98 active listings, with 56 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice.

Homes are selling faster, averaging 34 days on market compared to 52 days last year.

The median listing price has fallen 0.8% year-over-year, from $444,850 to $441,250.

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.

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Market Context

Market Context

Population: 29,112  ·  Density: 951.2/mi²  ·  Median household income: $116,601

Typical home value: $439,001  ·  Homeownership: 77.2%

Market Overview

Active Listings
98
⇧ 60.7% vs 61 last year
Pending
56
57% pending ratio
Median Price
$441,250
⇩ 0.8% vs $444,850 last year
Average Price
$642,537
⇩ 16.4% vs $768,396 last year
Days on Market
34
⇩ 34.6% vs 52 days last year

Price Per Square Foot

Median $/sqft
$256
⇩ 7.2% vs $276/sqft last year
Median Home Size
1,690 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 98 this year vs 61 last year
  • Days on market: 34 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $441,250 (-0.8% YoY)
  • Average: $642,537 (-16.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.0 miles — 548 listings ($393,007,484 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60515Downers Grove, IL 605150.0 mi74$44,219,144$425,000$597,556
60516Downers Grove, IL 605163.3 mi45$28,150,875$479,900$625,575
60514Clarendon Hills, IL 605143.6 mi19$13,036,527$531,995$686,133
60137Glen Ellyn, IL 601374.3 mi61$43,174,031$499,950$707,771
60517Woodridge, IL 605175.0 mi58$23,745,084$382,400$409,398
60561Darien, IL 605615.0 mi34$18,701,836$474,000$550,054
60189Wheaton, IL 601895.4 mi35$25,334,365$610,000$723,839
60558Western Springs, IL 605586.4 mi30$38,347,680$1,219,900$1,278,256
60540Naperville, IL 605407.0 mi56$61,251,680$727,450$1,093,780
60526La Grange Park, IL 605267.4 mi7$4,074,000$499,000$582,000
60563Naperville, IL 605637.5 mi65$49,257,650$565,000$757,810
60565Naperville, IL 605657.5 mi51$39,297,030$577,500$770,530
60163Berkeley, IL 601638.0 mi13$4,417,582$299,900$339,814

Frequently Asked Questions

How many homes are for sale in DOWNERS GROVE, IL 60515?

As of February 2026, there are 98 active listings in DOWNERS GROVE, IL (zip code 60515), compared to 61 the prior year.

What is the median home price in DOWNERS GROVE, IL 60515?

The median listing price in DOWNERS GROVE, IL 60515 is $441,250 as of February 2026, a 0.8% decrease from $444,850 the prior year.

How long do homes stay on the market in DOWNERS GROVE, IL?

Homes in DOWNERS GROVE, IL 60515 spend an average of 34 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in DOWNERS GROVE, IL 60515?

Based on current inventory and days-on-market data as of February 2026, DOWNERS GROVE, IL 60515 is currently a Balanced Market. Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 52 days last year.

How much can I save on real estate commission in DOWNERS GROVE, IL?

With SELL123.com's maximum 3% commission, sellers in DOWNERS GROVE, IL 60515 save an estimated $8,825 compared to a typical 5% commission on the median listing price of $441,250. 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.