60964 — Iroquois County, Illinois Market Snapshot
Housing market data for zip code 60964 in Iroquois County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$212,000
Days to Sell
74
Homes Sold
16
Inventory
17
Sale-to-List
97.0%
New Listings
20
Price/SqFt
$137
Pending Sales
23
Conforming Loan Available
Most homebuyers in 60964 can comfortably use conventional financing. The median home price of $212,000 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 74 days on average, 60964 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
The average home in 60964 sells for 3.0% below asking price (97.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 60964 can comfortably use conventional financing. The median home price of $212,000 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 60964 are set at the county level.
2026 Loan Limits — Iroquois 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 60964
To purchase the median home at $212,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,774.
Monthly Payment
$1,774
Income Required
$76,041
Principal & Interest
$1,306/mo
Down Payment (5%)
$10,600
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 60964.
Estimated Monthly Payment
$1,462
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 60964. Tell us what you're looking for.