Market Brief · by Aidan Sowa · October 5, 2026
Is Downers Grove a Hot Market When the Sold Median Sits Far Above the Older Redfin Page? Reading the Older Houses, the Large Buildings and the Sold Prices
Older houses, large buildings and dated Downers Grove sale measures, for owners comparing a listing with a direct offer.

Is Downers Grove a hot market when the sold median sits far above the older Redfin page? Realtor.com's page, with key indicators as of September 2026, calls the postal area that includes Downers Grove a hot, seller's market and shows a median sold price of $610,000, up 8.93% on the year. Redfin's page is dated February 2026 and shows a median sale price of $511,000. Taking Redfin as the base, the Realtor.com figure is 19.4% above it.
The Census describes an older stock with a large block of apartments. Of 12,698 housing units, 8,771, or 69.1%, were built before 1980, and 7,913, or 62.3%, are detached houses. Buildings of two or more units hold 4,277 units, or 33.7%, and buildings of fifty or more units alone hold 2,002. Vacancy is low, at 3.2% of units. The Redfin page is the older of the two price pages, by seven months.
Two pages seven months apart cannot establish what a Downers Grove house would fetch now. Older detached homes, apartments and low survey vacancy describe the postal stock, not the closed-sale sample. Compare matching transactions, actual condition and written costs before choosing a listing or direct purchase. The brief separates dated prices, timing and household measures.
Key Findings
- Realtor.com's page, with key indicators as of September 2026, shows a median sold price of $610,000, up 10.91% on the month and 8.93% on the year, a median listing price of $599,900, up 20.36% on the year, 122 active listings, down 12.77% on the year, and a median of 31 days on the market.
- Redfin's page is dated February 2026, the older of the two. It shows a median sale price of $511,000, up 18.2% on the year, a median price per square foot of $292, up 5.2%, 66 homes sold, up from 60, and a median of 65 days on the market against 72.
- Of 12,698 housing units, 7,913, or 62.3%, are detached houses and 4,277, or 33.7%, are in buildings of two or more units. The median build year is 1968, and 8,771, or 69.1%, were built before 1980.
- Of 12,288 occupied homes, 9,313, or 75.8%, are owned. Among 5,674 owners with a mortgage and a computed share, 1,144, or 20.2%, spend 30% or more of income on owner costs. Among 2,801 renters with a computed share, 1,405, or 50.2%, spend 30% or more on rent.
- The local pages are seven months apart. Realtor.com's sold median exceeds its listing median, but those describe unmatched populations. Rounded rental growth cannot reconstruct an exact prior integer count. Different price-per-foot populations and timing definitions also limit comparison.
How far apart are the Downers Grove price pages, and which page is older?
Four price figures are on the table. Redfin's median sale price is $511,000 on a page that reports February 2026. Realtor.com's median sold price is $610,000 and its median listing price is $599,900, both as of September 2026, with charts through August 2026. The Census median owner value is $461,200, with a margin of error of $19,320, or 4.2% of the value, from the five-year survey ending in 2024. The Redfin page is the oldest price page, by seven months. The only Zillow pages found are for the city and the county, so no Zillow figure is used.
Realtor.com's sold median is 19.4% above Redfin's older median. Against the Census estimate, Redfin is 10.8% higher and Realtor.com's sold median 32.3% higher. Realtor.com's listing median is 1.7% below its sold median, but these are unmatched populations, not a property-level premium. Redfin's Metrics Definitions distinguishes prices of homes sold from asking prices of homes listed. Their relative order does not prove unusual negotiation behavior or a source error. The pages do not establish the cause of the gaps.
Redfin's sold median is up 18.2% annually; Realtor.com's is up 8.93% annually and 10.91% monthly. Realtor.com's listing median is up 20.36% annually and 1.41% monthly. Those are changes in different dated populations, not appreciation of the same houses. A faster increase in the listing median does not establish the concession on matching sales.
Redfin reports $292 per square foot, up 5.2% annually; Realtor.com reports $310, up 21.57% annually and down 2.74% monthly. Realtor.com's research library defines median listing price per square foot as a listing measure. The 6.2% numerical gap compares different populations and dates. It does not establish appreciation of matched houses, different condition, or a premium a seller can expect. Attach the listing-versus-sold label to the number before using it in comparable-property research.
Realtor.com calls the area hot and a seller's market; its rounded 100% sale-to-list measure does not alone prove the balance of buyers and sellers. Redfin's older text reports three offers on average. Realtor.com's rental median is $2,596, up 7.49% monthly and down 1.37% annually, with seventy-eight rental listings. Rounded growth rates do not reconstruct an exact prior integer count. No cause for the discrepancy is assumed, and neighborhood rows are not substituted for this postal area.
| Source | Figure | What it measures |
|---|---|---|
| Redfin | $511,000, up 18.2% | Median sale price, February 2026 (oldest page) |
| Realtor.com | $610,000, up 8.93% | Median sold price, September 2026 |
| Realtor.com | $599,900, up 20.36% | Median listing price, September 2026 |
| Census Reporter | $461,200 | Median owner value, five-year estimate ending 2024, margin of error $19,320 |
Sources as cited. Earlier values and differences are computed from the published percentages.
How old is the Downers Grove stock, and how much of it is in large buildings?
The stock is mostly detached, with a large apartment share. Of 12,698 units, 7,913, or 62.3%, are detached houses and 483, or 3.8%, are attached houses such as townhouses. Buildings of two units hold 115, three or four units hold 238, five to nine hold 330, ten to nineteen hold 476, twenty to forty-nine hold 1,116 and fifty or more hold 2,002. Together, buildings of two or more units hold 4,277 units, or 33.7%. Mobile homes number 25, and no units are counted as boats or recreational vehicles.
The stock is old. Of 12,698 units, 1,712 were built before 1940, 456 in the 1940s, 2,237 in the 1950s, 2,347 in the 1960s and 2,019 in the 1970s, so 8,771, or 69.1%, were built before 1980. The 1960s are the largest decade at 18.5%, followed by the 1950s at 17.6%. The 1980s hold 791, the 1990s hold 709, the 2000s hold 1,306, the 2010s hold 1,034 and 87 were built in 2020 or later. Homes built in 2000 or later total 2,427, or 19.1%. The median build year is 1968.
Owner homes are large. Of 9,313, 2,969 have three bedrooms, 31.9%, 2,818 have four, 30.3%, 1,903 have two, 20.4%, 1,137 have five or more, 12.2%, 359 have one and 127 have none. Four or more bedrooms covers 3,955 homes, or 42.5%. Renters live in smaller homes: of 2,975, 1,240 have one bedroom, 41.7%, 813 have two, 388 have three, 368 have none, 148 have four and 18 have five or more.
The survey estimates 410 vacant units, or 3.2% of the stock: fifty-four for rent, nine rented but unoccupied, thirty-eight for sale, thirty-nine sold but unoccupied, 155 seasonal or occasional and 115 other vacant. These are pooled survey estimates, not a census of every unit on one calendar day. The snapshot status supplied at interviews does not make the five-year total a single-day inventory figure or predict what is available to buy today.
Housing-stock shares do not reveal the mix of sold homes or prove that apartments pulled a sale median down. The Census lacks your lot, finishes, updates and condition. Compare matching closed transactions before estimating value. An older construction year can prompt questions about systems and repairs, but cannot identify what an inspection would find or supply a repair budget. A direct purchase changes contract terms, not those property facts.
EPA's Lead-Based Paint Disclosure Rule applies to most housing built before 1978, with exemptions. It requires known lead information, available records and reports, a federal pamphlet and warning language before the contract. A private transaction is not automatically exempt. The Census pre-1980 band does not exactly count pre-1978 houses, and an old house is not proof of lead. Check the property's actual year and applicable requirements rather than infer compliance or hazards from the postal median.
Sources as cited. Shares are computed from the Census counts.
How fast do Downers Grove homes sell, and what do sellers get against asking?
Redfin's page, reporting February 2026 and the oldest of the two, shows a median of 65 days on the market against 72 a year before, a fall of 7 days. It shows a sale-to-list ratio of 99.4%, up 0.9 points, with 34.8% of homes sold above list, up 8.2 points. It says homes receive three offers on average, and that some homes get multiple offers, with the average home selling for about 1% above list and going pending in around 62 days.
Realtor.com shows a median of 31 days on the market for September 2026, up 29.17% on the month, which implies about 24 a month before, and up 3.33% on the year, which implies about 30 a year before. Its hotness label is hot, and its text says homes sold for approximately the asking price on average in September 2026 with a sale-to-list ratio of 100%. Its text says days on market rose on the year, which agrees with its table. The Redfin page, seven months older, shows the opposite direction on the year, a fall of 7 days.
Redfin's 99.4% and Realtor.com's rounded 100% are aggregate sale-to-list measures. Redfin's Metrics Definitions averages individual closed-home ratios against final list price. That differs from comparing area medians or original asking price. Its 34.8% above-list share does not establish how many offers each property received, and the remaining homes include at-list and below-list transactions. These dated measures are useful context, not an expected concession or bidding outcome for your house.
Supply is lower on the year. Realtor.com shows 122 active listings, down 16.33% on the month, which implies about 146 a month before, and down 12.77% on the year, which implies about 140 a year before. Against 12,288 occupied homes, 122 listings equal 1.0%. Realtor.com shows 78 rental properties, up 12.79% on the year, which implies about 69 a year before.
Redfin's methodology aggregates smaller geographies, including postal areas, over rolling three-month windows; the local page's February label should not silently become a complete calendar-month-only methodology claim. Redfin defines days on market around contract acceptance, with days to close separate. Realtor.com's library uses initial listing to closing or removal. Their sixty-five and thirty-one days do not guarantee a full closing schedule. Keep the seven-month date difference and separate definitions attached when comparing them.
Sources as cited. Earlier values are computed from the published percentages.
Who owns the homes in Downers Grove, and how heavy is the cost of owning?
The population is 29,762, with a margin of error of 1,079. Of those, 6,803 are under 18, 22.9%, 1,791 are 18 to 24, 6.0%, 2,822 are 25 to 34, 9.5%, 3,811 are 35 to 44, 12.8%, 8,411 are 45 to 64, 28.3%, and 6,124 are 65 or older, 20.6%. The largest group is 45 to 64. The Census does not say what that means for sales, and the brief draws no conclusion from it.
Of 12,288 occupied homes, 9,313, or 75.8%, are owned and 2,975, or 24.2%, are rented. Owners moved in over a wide span: of 9,313 owner homes, 96 were taken up in 2023 or later, 1,216 in 2020 to 2022, 3,509 in the 2010s, 1,448 in the 2000s, 1,524 in the 1990s and 1,520 before 1990. So 14.1% of owner homes were taken up in 2020 or later, and 37.7% in the 2010s. Renters are newer: of 2,975 renter homes, 164 were taken up in 2023 or later, 1,029 in 2020 to 2022, 1,392 in the 2010s, 326 in the 2000s, 45 in the 1990s and 19 before 1990.
A majority of owners have a mortgage. Of 9,313 owner homes, 5,696, or 61.2%, have one, and 3,617, or 38.8%, have none. Of 5,674 with a mortgage and a computed share, 1,144, or 20.2%, pay 30% or more of income on owner costs and 529, or 9.3%, pay half or more. The largest band is 15% to 19.9%, at 1,447, or 25.5%.
Among 3,563 mortgage-free homes with a computed cost share, 629, or 17.7%, spend thirty percent or more of income on selected owner costs, and 316, or 8.9%, spend half or more. The Census definition includes applicable taxes, property insurance, utilities and specified housing charges, not a general upkeep allowance. The largest band is under ten percent, with 1,103 homes, or 31.0%. Fifty-four lack a computed share. No mortgage does not mean no carrying bills or establish a desire to sell.
Renters carry the heavier cost. Of 2,975 renter homes, 174 have no computed rent share, leaving 2,801. Of those, 1,405, or 50.2%, pay 30% or more of income on rent, and 697, or 24.9%, pay half or more. The 50% band, at 697, is the single largest of the nine bands, larger than the 20% to 24.9% band at 444. The median gross rent is $1,661, plus or minus $139, or 8.4% of the value, and the median household income is $123,197, plus or minus $11,529, or 9.4% of the value. Readers comparing markets can also read the Andersonville brief and the Wilmette brief.
| Share of income on owner costs | Owner homes with a mortgage | Share of computed |
|---|---|---|
| Under 10% | 532 | 9.4% |
| 10% to 14.9% | 1,021 | 18.0% |
| 15% to 19.9% | 1,447 | 25.5% |
| 20% to 24.9% | 960 | 16.9% |
| 25% to 29.9% | 570 | 10.0% |
| 30% to 34.9% | 213 | 3.8% |
| 35% to 39.9% | 161 | 2.8% |
| 40% to 49.9% | 241 | 4.2% |
| 50% or more | 529 | 9.3% |
Sources as cited. Shares and ratios are computed from the Census counts; owner homes with no computed share are excluded.
What should a Downers Grove owner ask before choosing a listing or a private sale?
A seller should keep four questions apart. What do closed sales of houses of the same size and age show, given that the pages sit seven months apart and read very differently? How long might a listing take, with a median of one to two months on the pages? What would inspections and repairs cost on an older house? And what would a listing cost in commissions and closing costs, set against what a buyer pays directly?
For illustration, one percent of the $461,200 Census owner-value estimate is $4,612, three percent is $13,836 and five percent is $23,060. These are arithmetic examples, not quoted commission rates or a predicted sale price. Actual costs are set by agreement; compare written terms for your transaction.
The CFPB explains that a mortgage payoff satisfies the debt on a specific date and is not simply the current account balance. Interest through that date, unpaid fees and an applicable prepayment charge can affect it. Obtain the servicer's statement before comparing net proceeds. The local mortgage share and cost bands cannot show your loan balance or equity. Use actual debt, carrying bills and transaction charges to compare a listing and a direct offer.
Maison Off-Market describes a purchase with no public showings, flexible closing, no commissions or seller closing costs, and no seller inspections or repairs. Compare the actual written offer with a listing's expected proceeds and timing. Those stated benefits may suit some owners but do not prove a higher net result. Inspection terms do not remove applicable disclosure duties.
Maison Off-Market buys luxury homes and estates directly from their owners and speaks only to sellers. An owner who wants to see what a direct purchase would look like, with no public listing and no showings, can use the contact form below and ask for an offer before deciding.
Sources as cited. Fee figures are arithmetic and not quoted rates.
Methodology and limitations
Redfin's local page reports February 2026; Realtor.com's key indicators September, with charts through August. The seven-month gap is explicit. Publisher methodology clarifies rolling windows and listed-versus-sold populations. Unmatched sold and listing medians may appear in either order without proving a negotiation premium. Rounded rental growth does not reconstruct exact historical integer counts. Timing changes describe their own dated measures, not a continuous same-home sequence.
Census ACS guidance explains that five-year estimates collect sixty months of responses and favor precision over currency for smaller areas. These 2020-2024 postal counts are not a snapshot of today's owners or vacant listings. Shares and totals were checked with available margins retained. A housing-stock count is not the sample size or sale mix. No city-only Zillow value or Realtor.com neighborhood row replaces the postal geography.
The brief makes no claim about any one property, owner, tenant or buyer, and it does not say that a private sale always yields more than a listing.
Conclusion
The record for Downers Grove, as far as the pages allow, is a postal area of older, mostly detached houses with a sizeable apartment stock and low vacancy, where one page calls the market hot and shows sales at about asking in about a month, an older page shows a lower median, and renters carry a heavy share of income in rent. For an owner, the questions that matter are what comparable houses sold for and what a listing would cost in time and money.
Maison Off-Market buys luxury homes and estates directly from their owners and speaks only to sellers. An owner who wants a direct offer, with no public listing and no showings, can ask through the contact form.
Frequently Asked Questions
What is the median home price in Downers Grove?
Redfin showed a median sale price of $511,000 on a page reporting February 2026, Realtor.com showed a median sold price of $610,000 and a median listing price of $599,900 for September 2026, and the Census median owner value is $461,200.
Is Downers Grove a hot market?
Realtor.com calls it hot and a seller's market for September 2026, with a median of 31 days on the market and a sale-to-list ratio of 100%. Redfin's older page called its market somewhat competitive.
How old are Downers Grove homes?
The Census counts 8,771 of 12,698 units, 69.1%, as built before 1980, and the median build year is 1968. Detached houses are 62.3% of units.
How long do Downers Grove homes take to sell?
Redfin showed a median of 65 days on the market on its February 2026 page, and Realtor.com showed 31 days for September 2026.
Can I sell my Downers Grove home privately?
Yes. Maison Off-Market buys luxury homes and estates directly from their owners with no showings, flexible closing dates, no commission costs, no closing costs and no inspections or repairs. It does not say a private sale always beats a listing.
Compare your options before committing. Request a written private offer for your property, with no obligation, then weigh it against your listing plan.
Sources
- Redfin, 2026; accessed October 6, 2026. 60515 Housing Market: House Prices & Trends | Redfin. https://www.redfin.com/zipcode/60515/housing-market.
- Realtor.com, 2026; accessed October 6, 2026. 60515 Housing Market Data - Downers Grove, IL Home Prices & Rental Trends | realtor.com®. https://www.realtor.com/local/market/illinois/zipcode-60515.
- U.S. Census Bureau via Census Reporter, 2020-2024 ACS five-year estimates; accessed October 6, 2026. Housing, population and household estimates for the postal area, detailed tables B25077, B25035, B19013, B25064, B01003, B25034, B25024, B25004, B25038, B25070, B25042, B25091, B25003 and B01001. https://api.censusreporter.org/1.0/data/show/latest?table_ids=B25077,B25035,B19013,B25064,B01003,B25034,B25024,B25004,B25038,B25070,B25042,B25091,B25003,B01001&geo_ids=86000US60515.
- Redfin, Checked October 6, 2026. Housing-data methodology: postal rolling windows. https://www.redfin.com/news/data-center/methodology/.
- Redfin, Checked October 6, 2026. Metrics Definitions: listed, sold and final-list populations. https://www.redfin.com/news/data-center-metrics-definitions/.
- Realtor.com Research, Checked October 6, 2026. Residential data library: listing prices per foot and timing. https://www.realtor.com/research/data/.
- U.S. Census Bureau, Checked October 6, 2026. Choosing ACS estimates: collection period and precision. https://www.census.gov/programs-surveys/acs/guidance/estimates.html.
- U.S. Census Bureau, Checked October 6, 2026. Selected monthly owner costs: included housing charges. https://www.census.gov/quickfacts/note/HSG650222.
- Consumer Financial Protection Bureau, Checked October 6, 2026. Payoff amount differs from current balance. https://www.consumerfinance.gov/ask-cfpb/what-is-a-payoff-amount-and-is-it-the-same-as-my-current-balance-en-205/.
- U.S. Environmental Protection Agency, Checked October 6, 2026. Lead-Based Paint Disclosure Rule: most pre-1978 housing. https://www.epa.gov/lead/lead-based-paint-disclosure-rule-section-1018-title-x.


