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Fall 2025 Real Estate Market Update: Downers Grove & Surrounding Subur

(Published on - 10/25/2025 11:44:29 AM)

?? Fall 2025 Real Estate Market Update: Downers Grove & Surrounding Suburbs

The Fall 2025 real estate market across Downers Grove, Westmont, Lisle, Bolingbrook, Darien, Burr Ridge, Lemont, and Woodridge is showing balance and opportunity. While home prices are holding steady, homes are spending more time on the market — creating a great season for both buyers and sellers.

?? Home Prices Stay Strong in the Western Suburbs

Prices continue to reflect solid buyer demand:

  • Downers Grove: Average price around $535,000, up 4.5% year-over-year.

  • Westmont & Lisle: Mid-$400K range with steady growth.

  • Bolingbrook & Woodridge: Affordable options attracting steady buyer traffic.

  • Darien, Burr Ridge & Lemont: Higher-end homes remain stable thanks to limited listings.

Across these communities, prices remain 3–5% higher than last fall, supported by strong local demand and low supply.

?? Market Pace: More Time, More Strategy

The average days on market is now around 50–60 days, up from last year. Buyers are taking more time, while sellers who price right are still seeing solid results.

?? Interest Rates & Buyer Trends

Interest rates remain steady but elevated, making buyers more selective. Still, motivated buyers are acting fast when they find the right property. Price reductions and negotiation flexibility are helping close more deals this fall.

?? For Sellers: Why Now Is Still a Great Time

Even with longer sale times, low inventory keeps the market strong for sellers. Listing before the spring rush lets your home stand out and capture the attention of serious fall buyers.

?? For Buyers: Negotiation Power

This season gives buyers more leverage than in previous years. With fewer bidding wars and more options, it’s an ideal time to make an offer and negotiate terms that work for you.

?? The Bottom Line

The Downers Grove area real estate market remains healthy and full of opportunity. Sellers can still enjoy high equity returns, and buyers have more space to negotiate fair deals.

?? Get Your Free Home Valuation and Fall Home Seller’s Guide
Thinking of selling or just curious about your home’s worth?
Contact Mark Sotir – Realtor® at 630-815-8098 for your free home valuation and seller’s guide to make the most of Fall 2025’s market

 
 

Staged Homes Gets Up To 10% More View Online

(Published on - 10/21/2025 2:59:36 PM)


Is The Housing Market Going To Crash? Here's What Experts Say

(Published on - 10/20/2025 2:03:36 PM)

Is the Housing Market Going To Crash? Here’s What Experts Say




If you’ve seen headlines or social posts calling for a housing crash, it’s easy to wonder if home values are about to take a hit. But here’s the simple truth.

The data doesn’t point to a crash. It points to slow, continued growth.

And sure, it’s going to vary by local area. Some markets will see prices rise more than others. And some may even see small, short-term declines. But the big picture is: home prices are expected to rise nationally, not fall, over the next 5 years.

The Real Story Is in the Expert Forecasts

In the Home Price Expectations Survey (HPES) from Fannie Mae, each quarter over 100 leading housing market experts weigh in on where they project home prices will go from here. And in the report that was just released, the experts agree prices are projected to climb nationally through at least 2029 (see graph below):

a graph of green squaresHere’s how to read this visual. Each bar in that graph shows an increase, not a loss. It’s just that the anticipated pace of that appreciation varies year-to-year.

And to further drive this home, let’s look at another view of where prices are and where they’re expected to go. In this version, the expert forecasts are broken into 3 categories: the overall average, the most optimistic projections, and the most pessimistic projections (see chart below):

a graph on a blue backgroundNotice how even the most pessimistic forecasters say we’ll see prices rise by almost 5% over the next few years.

  • Overall, prices are expected to rise about 15% from now through the end of 2029.
  • The optimists say we’ll beat that and see a roughly 26% increase.
  • And even the pessimists anticipate prices will go up by 5% during that period.

What sticks out the most? None of these groups who study the market are forecasting a crash, or even a decline, over the next 5 years.

How This Compares to “Normal” for the Market

Now, focus back on the first graph. The projections call for 2-3.5% price increases in each of the next five years. For context, the average rate of appreciation for the last 25 years was closer to 4-5% annually.

So, while that’s slightly below the historical average, it’s much more sustainable and typical than where the market was in 2020, 2021, and 2022.

Back then, prices rose too much, too fast based on record-low supply and record-high demand. Some places even saw prices climb by 15-20%.

So, while it may feel like prices are stalling compared to those pandemic-era surges, what’s really happening is that the market is finally finding balance again.

Why Prices Aren’t Expected To Crash

A lot of the chatter about home prices today is based on that rapid rise and the old saying that what goes up, must come down. But historically, that’s not really true. Home prices almost always rise.

And the main reason we’re not heading for a repeat of 2008 is simple: supply and demand.

Even though affordability challenges have made it harder for some people to buy over the past few years, there still aren’t enough homes for everyone who wants one. And that ongoing shortage is keeping upward pressure on prices nationally. 

That’s why experts across the board can confidently agree: we’re not headed for a price collapse, but for steady, long-term appreciation.

And just in case it’s the economy that’s got you worried, remember this. Over the past 50 years, there have been plenty of economic events that have impacted the market. And one thing that’s consistently been true throughout time is the housing market always recovers. And we’re coming through that turn right now and going into a recovery.

Bottom Line

If you’ve been waiting to buy or sell because you’re worried about a crash, it’s time to look at the data – not the headlines.

The question isn’t if home prices will rise, it’s by how much.

Let’s connect so you know what’s happening in our local market and what these forecasts mean for your next move.


1 in 5 Home Sellers are cutting prices right now

(Published on - 10/18/2025 1:10:28 PM)


Shift in Affordability Ecery Homebuyer Should Know

(Published on - 10/16/2025 3:20:37 PM)

The $280 Shift in Affordability Every Homebuyer Should Know




If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. Affordability is improving in 39 of the top 50 markets, according to First American. And that’s the 5th straight month where buying a home has started to get a little bit easier.

Let’s break this down into real dollars, so you can see the difference this could make for you (and your move).

Monthly Payments Are Coming Down

One of the clearest signs of this shift is in monthly payments. The latest data from Redfin shows mortgage payments on a median-priced home are now $283 lower than they were just a few months ago (see graph below):

a graph of a graph of moneyThis kind of monthly savings adds up fast, and totals nearly $3,400 over the course of a year.

While this isn’t enough to completely change the affordability game overnight, think about it this way. When you’re putting together a homebuying budget, a few hundred dollars could be the difference between being comfortable buying and feeling like money’s a bit tight.

And from a home-search perspective, it could even be enough to change the price point you can look at. According to Redfin:

“A borrower with a $3,000 monthly budget can now afford a $468,000 home, about $22,000 more than in June."

And that’s a big deal if you haven’t found a home you love in your price range yet. It gives you a little more flexibility to find the one that’s right for you.

Either way, that’s a big win.

What’s Behind the Shift?

Two key factors are working in your favor right now:

  • Mortgage rates have eased from their high earlier this year
  • Home price growth is slowing in many markets

Both of those things help your bottom line and give you a bit of breathing room if you’re buying a home. As Andy Walden, Head of Mortgage and Housing Market Research at ICE Mortgage Technology, says:

“The recent pullback in rates has created a tailwind for both homebuyers and existing borrowers. We’re seeing affordability at a 2.5-year high . . .”

Whether you’re a first-time homebuyer or someone looking to move-up into a bigger house, the shifts happening this year could make your move possible. Connect with a trusted agent or lender to see what your monthly payment would look like at today’s rates.

For you, the savings could be the difference between “not yet” and “let’s go.”

Bottom Line

Affordability is improving in many markets. And that resets the math on your move.

If you’ve been sitting on the sidelines, this is your cue to start looking again. Let’s run the local numbers together so you can get a rough estimate of how much more buying power you may have than you did just a few months ago.


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  • Mark Sotir
  • Realty Executives Agent
  • Realty Executives Midwest (Darien)
  • 1310 Plainfield Road, Suite 2
  • Darien, IL 60561

475.145671

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Realty Executives agents are real estate experts. They have the education and expertise you need to navigate through the process of buying or selling a home. From listing at the right price to making the best offer, our Executives have witnessed the best - and most regrettable - decisions homeowners and homebuyers can make. Every day, they are immersed in every aspect of real estate that includes comparable home price analysis, property surveys, credit reports, open houses, HOA agreements, lenders, title companies, homeowners’ insurance, walk-throughs, terms of sale or purchase, repairs, concessions and closing documents. Let our accomplished Executives help navigate you through the process of buying or selling a home.


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