60302 — Cook County, Illinois Market Snapshot
Housing market data for zip code 60302 in Cook County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
11 sales in 2026 (year to date)
Median Sale Price
$620,000
Days to Sell
42
Homes Sold
11
Inventory
6
Sale-to-List
99.7%
New Listings
14
Price/SqFt
$265
Pending Sales
12
Conforming Loan Available
Most homebuyers in 60302 can comfortably use conventional financing. The median home price of $620,000 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
60302's market is balanced with homes taking an average of 42 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 60302 (99.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 60302 can comfortably use conventional financing. The median home price of $620,000 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 60302 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 60302
To purchase the median home at $620,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,900.
Monthly Payment
$4,900
Income Required
$210,010
Principal & Interest
$3,820/mo
Down Payment (5%)
$31,000
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 60302.
Estimated Monthly Payment
$3,987
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