60415 — Cook County, Illinois Market Snapshot
Housing market data for zip code 60415 in Cook County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
17 sales in 2026 (year to date)
Median Sale Price
$163,000
Days to Sell
93
Homes Sold
17
Inventory
29
Sale-to-List
97.5%
New Listings
27
Price/SqFt
$159
Pending Sales
29
Conforming Loan Available
Most homebuyers in 60415 can comfortably use conventional financing. The median home price of $163,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 93 days on average, 60415 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 60415 sells for 2.5% below asking price (97.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 60415 can comfortably use conventional financing. The median home price of $163,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 60415 are set at the county level.
2026 Loan Limits — Cook County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 60415
To purchase the median home at $163,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,399.
Monthly Payment
$1,399
Income Required
$59,951
Principal & Interest
$1,004/mo
Down Payment (5%)
$8,150
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 60415.
Estimated Monthly Payment
$1,159
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