60649 — Cook County, Illinois Market Snapshot
Housing market data for zip code 60649 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
$323,500
Days to Sell
65
Homes Sold
15
Inventory
22
Sale-to-List
99.5%
New Listings
24
Price/SqFt
$67
Pending Sales
28
Conforming Loan Available
Most homebuyers in 60649 can comfortably use conventional financing. The median home price of $323,500 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
With homes sitting for 65 days on average, 60649 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 60649 (99.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 60649 can comfortably use conventional financing. The median home price of $323,500 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 60649 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 60649
To purchase the median home at $323,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,629.
Monthly Payment
$2,629
Income Required
$112,652
Principal & Interest
$1,993/mo
Down Payment (5%)
$16,175
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 60649.
Estimated Monthly Payment
$2,152
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