60417 — Will County, Illinois Market Snapshot

Housing market data for zip code 60417 in Will County, Illinois. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

59 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$284,900

Closed sales

Days to Sell

73

Median, listing to close

Homes Sold

59

Closed in 2026

Inventory

64

Sale-to-List

98.9%

New Listings

65

Price/SqFt

$145

Pending Sales

72

Conforming Loan Available

Most homebuyers in 60417 can comfortably use conventional financing. The median home price of $284,900 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 73 days on average, 60417 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 are selling very close to asking price in 60417 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 60417 can comfortably use conventional financing. The median home price of $284,900 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 60417 are set at the county level.

2026 Loan Limits — Will 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 60417

To purchase the median home at $284,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,333.

Monthly Payment

$2,333

Income Required

$99,978

Principal & Interest

$1,755/mo

Down Payment (5%)

$14,245

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 60417.

%
%

Estimated Monthly Payment

$1,913

Principal & Interest$1,478
Property Tax$285
Insurance$150
Loan Amount$227,920
Total Interest$304,261
Income Required$81,993/yr

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