Is Downers Grove, IL 60515 a buyer’s or seller’s market?
Downers Grove is a seller’s market. With about 3 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score71/ 100
More competitive than 75% of U.S. ZIP codes, and #182 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply3Under 4 months = seller’s market
Sold above original list44.8%Share of sales, last 3 months
Median sale-to-list102.3%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$308▲ +11.9% vs. last year
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Nearby markets
Addison 60101Seller’s market $233 /sq ftAurora 60502Seller’s market $225 /sq ftAurora 60504Seller’s market $219 /sq ftBartlett 60103Seller’s market $232 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology