60042 — McHenry County, Illinois Market Snapshot
Housing market data for zip code 60042 in McHenry County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
26 sales in 2026 (year to date)
Median Sale Price
$349,250
Days to Sell
40
Homes Sold
26
Inventory
24
Sale-to-List
101.6%
New Listings
37
Price/SqFt
$216
Pending Sales
38
Conforming Loan Available
Most homebuyers in 60042 can comfortably use conventional financing. The median home price of $349,250 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
60042's market is balanced with homes taking an average of 40 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 60042 (101.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 60042 can comfortably use conventional financing. The median home price of $349,250 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 60042 are set at the county level.
2026 Loan Limits — McHenry 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 60042
To purchase the median home at $349,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,826.
Monthly Payment
$2,826
Income Required
$121,108
Principal & Interest
$2,152/mo
Down Payment (5%)
$17,463
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 60042.
Estimated Monthly Payment
$2,311
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