60403 — Will County, Illinois Market Snapshot
Housing market data for zip code 60403 in Will County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
13 sales in 2026 (year to date)
Median Sale Price
$183,501
Days to Sell
41
Homes Sold
13
Inventory
7
Sale-to-List
98.4%
New Listings
10
Price/SqFt
$175
Pending Sales
13
Conforming Loan Available
Most homebuyers in 60403 can comfortably use conventional financing. The median home price of $183,501 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
60403'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 60403 (98.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 60403 can comfortably use conventional financing. The median home price of $183,501 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 60403 are set at the county level.
2026 Loan Limits — Will 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 60403
To purchase the median home at $183,501 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,556.
Monthly Payment
$1,556
Income Required
$66,682
Principal & Interest
$1,131/mo
Down Payment (5%)
$9,175
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 60403.
Estimated Monthly Payment
$1,286
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