62901 — Jackson County, Illinois Market Snapshot
Housing market data for zip code 62901 in Jackson County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
79 sales in 2026 (year to date)
Median Sale Price
$72,500
Days to Sell
127
Homes Sold
79
Inventory
79
Sale-to-List
91.8%
New Listings
76
Price/SqFt
$76
Pending Sales
98
Conforming Loan Available
Most homebuyers in 62901 can comfortably use conventional financing. The median home price of $72,500 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 127 days on average, 62901 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 62901 sells for 8.2% below asking price (91.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 62901 can comfortably use conventional financing. The median home price of $72,500 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 62901 are set at the county level.
2026 Loan Limits — Jackson 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 62901
To purchase the median home at $72,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $705.
Monthly Payment
$705
Income Required
$30,234
Principal & Interest
$447/mo
Down Payment (5%)
$3,625
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 62901.
Estimated Monthly Payment
$599
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