60473 — Cook County, Illinois Market Snapshot

Housing market data for zip code 60473 in Cook County, Illinois. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

83 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$215,000

-2.3% YoYClosed sales

Days to Sell

97

Median, listing to close

Homes Sold

83

Closed in 2026

Inventory

106

Sale-to-List

99.7%

New Listings

93

Price/SqFt

$153

Pending Sales

109

Conforming Loan Available

Most homebuyers in 60473 can comfortably use conventional financing. The median home price of $215,000 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 97 days on average, 60473 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

Homes are selling very close to asking price in 60473 (99.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 60473 can comfortably use conventional financing. The median home price of $215,000 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 60473 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 60473

To purchase the median home at $215,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,797.

Monthly Payment

$1,797

Income Required

$77,025

Principal & Interest

$1,325/mo

Down Payment (5%)

$10,750

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 60473.

%
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Estimated Monthly Payment

$1,481

Principal & Interest$1,116
Property Tax$215
Insurance$150
Loan Amount$172,000
Total Interest$229,612
Income Required$63,454/yr

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