60442 — Will County, Illinois Market Snapshot
Housing market data for zip code 60442 in Will County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
21 sales in 2026 (year to date)
Median Sale Price
$281,000
Days to Sell
48
Homes Sold
21
Inventory
16
Sale-to-List
99.4%
New Listings
29
Price/SqFt
$180
Pending Sales
22
Conforming Loan Available
Most homebuyers in 60442 can comfortably use conventional financing. The median home price of $281,000 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
60442's market is balanced with homes taking an average of 48 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 60442 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 60442 can comfortably use conventional financing. The median home price of $281,000 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 60442 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 60442
To purchase the median home at $281,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,303.
Monthly Payment
$2,303
Income Required
$98,697
Principal & Interest
$1,731/mo
Down Payment (5%)
$14,050
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 60442.
Estimated Monthly Payment
$1,889
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