60942 — Vermilion County, Illinois Market Snapshot
Housing market data for zip code 60942 in Vermilion County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
21 sales in 2026 (year to date)
Median Sale Price
$77,000
Days to Sell
27
Homes Sold
21
Inventory
21
Sale-to-List
96.0%
New Listings
28
Price/SqFt
$70
Pending Sales
24
Conforming Loan Available
Most homebuyers in 60942 can comfortably use conventional financing. The median home price of $77,000 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 60942 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 60942 sells for 4.0% below asking price (96.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 60942 can comfortably use conventional financing. The median home price of $77,000 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 60942 are set at the county level.
2026 Loan Limits — Vermilion 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 60942
To purchase the median home at $77,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $740.
Monthly Payment
$740
Income Required
$31,712
Principal & Interest
$474/mo
Down Payment (5%)
$3,850
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 60942.
Estimated Monthly Payment
$627
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