60450 — Grundy County, Illinois Market Snapshot
Housing market data for zip code 60450 in Grundy County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
62 sales in 2026 (year to date)
Median Sale Price
$309,950
Days to Sell
47
Homes Sold
62
Inventory
48
Sale-to-List
99.8%
New Listings
75
Price/SqFt
$183
Pending Sales
73
Conforming Loan Available
Most homebuyers in 60450 can comfortably use conventional financing. The median home price of $309,950 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
60450'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 60450 (99.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 60450 can comfortably use conventional financing. The median home price of $309,950 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 60450 are set at the county level.
2026 Loan Limits — Grundy 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 60450
To purchase the median home at $309,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,525.
Monthly Payment
$2,525
Income Required
$108,203
Principal & Interest
$1,910/mo
Down Payment (5%)
$15,498
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 60450.
Estimated Monthly Payment
$2,068
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