61111 — Boone County, Illinois Market Snapshot
Housing market data for zip code 61111 in Boone County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
29 sales in 2026 (year to date)
Median Sale Price
$184,667
Days to Sell
12
Homes Sold
29
Inventory
2
Sale-to-List
97.7%
New Listings
22
Price/SqFt
$140
Pending Sales
29
Conforming Loan Available
Most homebuyers in 61111 can comfortably use conventional financing. The median home price of $184,667 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
61111 is an extremely competitive market with homes selling in just 12 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
The average home in 61111 sells for 2.3% below asking price (97.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 61111 can comfortably use conventional financing. The median home price of $184,667 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 61111 are set at the county level.
2026 Loan Limits — Boone 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 61111
To purchase the median home at $184,667 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,565.
Monthly Payment
$1,565
Income Required
$67,065
Principal & Interest
$1,138/mo
Down Payment (5%)
$9,233
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 61111.
Estimated Monthly Payment
$1,293
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