60651 — Cook County, Illinois Market Snapshot
Housing market data for zip code 60651 in Cook County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
32 sales in 2026 (year to date)
Median Sale Price
$467,500
Days to Sell
60
Homes Sold
32
Inventory
35
Sale-to-List
102.5%
New Listings
41
Price/SqFt
$190
Pending Sales
39
Conforming Loan Available
Most homebuyers in 60651 can comfortably use conventional financing. The median home price of $467,500 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 60 days on average, 60651 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 in 60651 are selling 2.5% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 60651 can comfortably use conventional financing. The median home price of $467,500 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 60651 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 60651
To purchase the median home at $467,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,732.
Monthly Payment
$3,732
Income Required
$159,936
Principal & Interest
$2,881/mo
Down Payment (5%)
$23,375
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 60651.
Estimated Monthly Payment
$3,043
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