60607 — Cook County, Illinois Market Snapshot
Housing market data for zip code 60607 in Cook County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
179 sales in 2026 (year to date)
Median Sale Price
$509,900
Days to Sell
47
Homes Sold
179
Inventory
145
Sale-to-List
101.5%
New Listings
243
Price/SqFt
$420
Pending Sales
205
Conforming Loan Available
Most homebuyers in 60607 can comfortably use conventional financing. The median home price of $509,900 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
60607's market is balanced with homes taking an average of 47 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 60607 (101.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 60607 can comfortably use conventional financing. The median home price of $509,900 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 60607 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 60607
To purchase the median home at $509,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,057.
Monthly Payment
$4,057
Income Required
$173,858
Principal & Interest
$3,142/mo
Down Payment (5%)
$25,495
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 60607.
Estimated Monthly Payment
$3,306
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