60203 — Cook County, Illinois Market Snapshot
Housing market data for zip code 60203 in Cook County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
15 sales in 2026 (year to date)
Median Sale Price
$670,000
Days to Sell
29
Homes Sold
15
Inventory
11
Sale-to-List
103.9%
New Listings
20
Price/SqFt
$306
Pending Sales
22
Conforming Loan Available
The median home in 60203 at $670,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
Homes in 60203 are moving quickly at 29 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 60203 are selling 3.9% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 60203 at $670,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 60203 are set at the county level.
2026 Loan Limits — Cook 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 60203
To purchase the median home at $670,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,283.
Monthly Payment
$5,283
Income Required
$226,428
Principal & Interest
$4,128/mo
Down Payment (5%)
$33,500
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 60203.
Estimated Monthly Payment
$4,296
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