60073 — Lake County, Illinois Market Snapshot
Housing market data for zip code 60073 in Lake County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
52 sales in 2026 (year to date)
Median Sale Price
$263,000
Days to Sell
41
Homes Sold
52
Inventory
31
Sale-to-List
100.4%
New Listings
58
Price/SqFt
$179
Pending Sales
64
Conforming Loan Available
Most homebuyers in 60073 can comfortably use conventional financing. The median home price of $263,000 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
60073's market is balanced with homes taking an average of 41 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 60073 (100.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 60073 can comfortably use conventional financing. The median home price of $263,000 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 60073 are set at the county level.
2026 Loan Limits — Lake 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 60073
To purchase the median home at $263,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,165.
Monthly Payment
$2,165
Income Required
$92,787
Principal & Interest
$1,621/mo
Down Payment (5%)
$13,150
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 60073.
Estimated Monthly Payment
$1,778
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 60073. Tell us what you're looking for.