Downers Grove, IL—60516
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$509,000
6.2% YoY Growth
Household Income
$119,000
34.3% YoY Growth
Days on Market
20
35.0% Longer YoY
Home Price Forecast
1.1%
Median Rent
$1,810
0.5% YoY Growth
1-Bed Rent
$1,500
2.5% YoY Growth
2-Bed Rent
$1,850
9.2% YoY Growth
3-Bed Rent
$2,650
0.7% YoY Growth
Other Zip Codes in Downers Grove, IL
Home Price Trends — Downers Grove, IL
As of May '26, the median home price in Downers Grove, IL is $509,000, with a year-over-year change of 6.2%. This indicates that home prices in Downers Grove, IL are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $509,000 | 6.2% |
| Single Family | $535,000 | 5.9% |
| Condos | $237,000 | 0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |