60617 — Cook County, Illinois Market Snapshot
Housing market data for zip code 60617 in Cook County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
34 sales in 2026 (year to date)
Median Sale Price
$241,250
Days to Sell
66
Homes Sold
34
Inventory
59
Sale-to-List
96.6%
New Listings
56
Price/SqFt
$116
Pending Sales
55
Conforming Loan Available
Most homebuyers in 60617 can comfortably use conventional financing. The median home price of $241,250 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 66 days on average, 60617 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 60617 sells for 3.4% below asking price (96.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 60617 can comfortably use conventional financing. The median home price of $241,250 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 60617 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 60617
To purchase the median home at $241,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,998.
Monthly Payment
$1,998
Income Required
$85,645
Principal & Interest
$1,487/mo
Down Payment (5%)
$12,063
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 60617.
Estimated Monthly Payment
$1,643
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