60805 — Cook County, Illinois Market Snapshot

Housing market data for zip code 60805 in Cook County, Illinois. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

54 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$331,000

Closed sales

Days to Sell

65

Median, listing to close

Homes Sold

54

Closed in 2026

Inventory

50

Sale-to-List

99.1%

New Listings

74

Price/SqFt

$213

Pending Sales

68

Conforming Loan Available

Most homebuyers in 60805 can comfortably use conventional financing. The median home price of $331,000 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

With homes sitting for 65 days on average, 60805 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 60805 (99.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 60805 can comfortably use conventional financing. The median home price of $331,000 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 60805 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 60805

To purchase the median home at $331,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,686.

Monthly Payment

$2,686

Income Required

$115,115

Principal & Interest

$2,040/mo

Down Payment (5%)

$16,550

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 60805.

%
%

Estimated Monthly Payment

$2,198

Principal & Interest$1,717
Property Tax$331
Insurance$150
Loan Amount$264,800
Total Interest$353,496
Income Required$94,221/yr

Connect with a LoanGraphs Loan Officer

Get expert guidance for zip code 60805. Tell us what you're looking for.

I'm interested in:

No obligation. Free consultation.