61344 — Henry County, Illinois Market Snapshot

Housing market data for zip code 61344 in Henry County, Illinois. Updated monthly with median prices, days on market, and more.

Data as of March 2026

Limited Sales Data

Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Henry County county page for broader data.

Market Sales Data

1 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$60,000

Closed sales

Days to Sell

28

Median, listing to close

Homes Sold

1

Closed in 2026

Inventory

1

Conforming Loan Available

Most homebuyers in 61344 can comfortably use conventional financing. The median home price of $60,000 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

Homes in 61344 are moving quickly at 28 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Conforming Loan Feasibility

Most homebuyers in 61344 can comfortably use conventional financing. The median home price of $60,000 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 61344 are set at the county level.

2026 Loan Limits — Henry 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 61344

To purchase the median home at $60,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $610.

Monthly Payment

$610

Income Required

$26,130

Principal & Interest

$370/mo

Down Payment (5%)

$3,000

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 61344.

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Estimated Monthly Payment

$521

Principal & Interest$311
Property Tax$60
Insurance$150
Loan Amount$48,000
Total Interest$64,079
Income Required$22,343/yr

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