61254 — Henry County, Illinois Market Snapshot
Housing market data for zip code 61254 in Henry County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
22 sales in 2026 (year to date)
Median Sale Price
$202,000
Days to Sell
45
Homes Sold
22
Inventory
19
Sale-to-List
98.3%
New Listings
40
Price/SqFt
$112
Pending Sales
37
Conforming Loan Available
Most homebuyers in 61254 can comfortably use conventional financing. The median home price of $202,000 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
61254's market is balanced with homes taking an average of 45 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 61254 (98.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 61254 can comfortably use conventional financing. The median home price of $202,000 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 61254 are set at the county level.
2026 Loan Limits — Henry 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 61254
To purchase the median home at $202,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,698.
Monthly Payment
$1,698
Income Required
$72,757
Principal & Interest
$1,245/mo
Down Payment (5%)
$10,100
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 61254.
Estimated Monthly Payment
$1,400
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