60516
Downers Grove, Illinois.
Downers Grove, DuPage County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 28,062
to buy the typical home at today's mortgage rate — +$1,379 (+112%) since Jan 2020.
- 1 year
- Up $29,068 +6%
- $469,018$498,087 since Sep 2025
- 5 years
- Up $118,652 +31%
- $379,435$498,087 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 60516$2,614
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 60516 rose 6.2% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Downers Grove, IL — measured over the city limits, which is a different area from this zip.
Asking rent — 60516
Against the Chicago-Naperville-Elgin, IL-IN-WI metro and the national benchmark.
- 60516$1,941
- Chicago$2,163
- United States$1,932
Typical home value — 60516
Mid-tier homes, smoothed and seasonally adjusted.
- 60516$498,087
- Chicago$355,650
- United States$366,157
Within 20 miles
Showing 30 of 144 zips in range — sorting picks from all 144.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 2.0 | 60561 | Darien | 23,069 | $2,388 | $456,843 |
| 2.2 | 60517 | Woodridge | 33,156 | $1,636 | $412,216 |
| 3.0 | 60559 | Westmont | 24,231 | $1,871 | $409,124 |
| 3.3 | 60515 | Downers Grove | 29,762 | $2,433 | $509,200 |
| 3.7 | 60514 | Clarendon Hills | 9,918 | $2,515 | $679,626 |
| 4.2 | 60532 | Lisle | 28,547 | $1,919 | $428,288 |
| 4.3 | 60527 | Willowbrook | 29,028 | $2,096 | $517,231 |
| 5.0 | 60521 | Hinsdale | 18,056 | $3,900 | $1,260,011 |
| 5.4 | 60440 | Bolingbrook | 51,940 | $2,673 | $331,144 |
| 5.9 | 60523 | Oak Brook | 10,144 | — | $1,008,663 |
| 6.1 | 60565 | Naperville | 40,483 | $2,312 | $615,786 |
| 6.3 | 60439 | Lemont | 24,192 | $2,231 | $593,921 |
| 6.4 | 60558 | Western Springs | 13,446 | — | $907,256 |
| 6.8 | 60540 | Naperville | 42,252 | $2,272 | $643,086 |
| 7.5 | 60137 | Glen Ellyn | 38,696 | $2,162 | $564,760 |
| 7.6 | 60525 | La Grange | 31,324 | $2,202 | $500,565 |
| 7.7 | 60480 | Willow Springs | 5,388 | $2,423 | $392,349 |
| 7.7 | 60189 | Wheaton | 31,042 | $2,506 | $517,283 |
| 7.7 | 60148 | Lombard | 52,596 | $2,094 | $386,311 |
| 8.1 | 60526 | La Grange Park | 13,459 | $1,670 | $493,827 |
| 8.1 | 60181 | Villa Park | 30,346 | $2,057 | $362,339 |
| 8.4 | 60563 | Naperville | 39,330 | $2,095 | $462,480 |
| 8.7 | 60154 | Westchester | 16,436 | — | $368,929 |
| 9.0 | 60490 | Bolingbrook | 22,156 | $3,854 | $496,231 |
| 9.1 | 60187 | Wheaton | 28,815 | $2,269 | $497,729 |
| 9.2 | 60162 | Hillside | 8,084 | — | $292,288 |
| 9.2 | 60458 | Justice | 14,200 | — | $299,541 |
| 9.6 | 60513 | Brookfield | 19,343 | $2,086 | $359,369 |
| 9.8 | 60464 | Palos Park | 9,773 | — | $562,977 |
| 9.8 | 60457 | Hickory Hills | 14,503 | $1,448 | $343,930 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.