61103 — Winnebago County, Illinois Market Snapshot
Housing market data for zip code 61103 in Winnebago 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
$141,000
Days to Sell
13
Homes Sold
59
Inventory
23
Sale-to-List
102.0%
New Listings
77
Price/SqFt
$103
Pending Sales
80
Conforming Loan Available
Most homebuyers in 61103 can comfortably use conventional financing. The median home price of $141,000 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
61103 is an extremely competitive market with homes selling in just 13 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 61103 (102.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 61103 can comfortably use conventional financing. The median home price of $141,000 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 61103 are set at the county level.
2026 Loan Limits — Winnebago 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 61103
To purchase the median home at $141,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,230.
Monthly Payment
$1,230
Income Required
$52,727
Principal & Interest
$869/mo
Down Payment (5%)
$7,050
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 61103.
Estimated Monthly Payment
$1,023
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