Housing in Downers Grove, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$580,000
Median List Price
$550,000
Price Per Sq Ft
$265
Days on Market
59
Active Inventory
109
Months of Supply
3.5
Seller's market
Zillow Home Value
$470,344
ZHVI — January 2026
Zillow Rent Index
$2,408
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
19.4%
Off Market in 2 Weeks
34.0%
Sale-to-List Ratio
99.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
31
New Listings
53
Pending Sales
47
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$265
Median List $/SF
$288
Downers Grove vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Downers Grove is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$439,000
Median Rent
$1,589
Total Housing Units
21,268
Vacancy Rate
4.3%
Owner Occupied
75.3%
Renter Occupied
24.7%
Median Property Tax
$7,237
per year
Monthly Cost (w/ Mortgage)
$1,923
Housing Types
The current median sale price in Downers Grove, IL is $580,000 according to Redfin data. Homes spend a median of 59 days on the market. 19.4% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $265. Zillow's observed rent index is $2,408/month. About 75.3% of housing units are owner-occupied. The median year homes were built is 1974. There are 21,268 total housing units.