62960 — Massac County, Illinois Market Snapshot
Housing market data for zip code 62960 in Massac County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
18 sales in 2026 (year to date)
Median Sale Price
$137,245
Days to Sell
83
Homes Sold
18
Inventory
43
Sale-to-List
93.4%
New Listings
31
Price/SqFt
$91
Pending Sales
33
Conforming Loan Available
Most homebuyers in 62960 can comfortably use conventional financing. The median home price of $137,245 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 83 days on average, 62960 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 62960 sells for 6.6% below asking price (93.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 62960 can comfortably use conventional financing. The median home price of $137,245 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 62960 are set at the county level.
2026 Loan Limits — Massac 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 62960
To purchase the median home at $137,245 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,202.
Monthly Payment
$1,202
Income Required
$51,494
Principal & Interest
$846/mo
Down Payment (5%)
$6,862
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 62960.
Estimated Monthly Payment
$999
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