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.
Market Sales Data
59 sales in 2026 (year to date)
Median Sale Price
$284,900
Days to Sell
73
Homes Sold
59
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
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