$29,000
401 NE 3rd St
Aledo, IL
3 bd2 ba1,052 sqft$28/ft²
House6,098 sqft lot
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Sarah Mitchell
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Compass Real Estate · Aledo, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Aledo, IL(512) 555-0184TX License #0512847
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Aledo, IL Housing Market & Real Estate
Seller's market-35.0% YoY
Housing market overview · Updated monthly ·
$104,000median sale price
How is the Aledo, IL housing market right now?
The median home sale price in Aledo, IL is $104,000, down 35.0% year-over-year. Homes sell in an average of 42 days with 7 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Aledo a buyer's or seller's market?
Seller's market2.3 months of supply42 avg. days on market
Aledo, IL is currently a seller's market, based on 2.3 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
42
Average pace
Active listings
7
2.3 months supply
Sale-to-list
101.5%
Above asking
What does the Aledo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $104,000 |
| Median list price | $239,500 |
| Year-over-year price change | -35.0% |
| Average days on market | 42 days |
| Active inventory | 7 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 101.5% |
| Median price per sq ft | $67/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 6 |
| Listings with a price cut | 57.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Aledo by property type?
How the Aledo, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $104,000 | $67/sq ft | 3 | 42 days |
| Townhouse | $72,000 | $42/sq ft | 1 | 297 days |
Source: Redfin · Updated monthly
The Aledo housing market is currently classified as a seller's market with a median sale price of $104,000. Prices have fallen 35.0% compared to last year, with homes spending an average of 42 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Aledo
There are currently 7 homes listed for sale in Aledo, Illinois. The median listing price is $240K. Featured listings range from $29,000 to $420,000.
$33,000
State Highway 17
Aledo, IL
Land1.34 acres
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$74,000
213 NE 4th St
Aledo, IL
3 bd1 ba900 sqft$82/ft²
House
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$120,000
105-109 NE 5th Ave
Aledo, IL
6 bd5 ba
Multi-family7,405 sqft lot
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$179,900
604 SW 2nd Ave
Aledo, IL
4 bd3 ba2,244 sqft$80/ft²
House
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$182,500
708 S College Ave
Aledo, IL
3 bd3 ba2,304 sqft$79/ft²
House17,860 sqft lot
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$210,000
307 SE 8th Ave
Aledo, IL
4 bd2 ba3,060 sqft$69/ft²
House13,939 sqft lot
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$224,900
409 233rd St
Aledo, IL
3 bd2 ba1,335 sqft$168/ft²
House
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$270,000
2056 50th Ave
Aledo, IL
4 bd2 ba2,018 sqft$134/ft²
House5.00 acres
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$380,000
137 Countryview Ct
Aledo, IL
2 bd2 ba1,213 sqft$313/ft²
Townhouse
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$380,000
135 Countryview Ct
Aledo, IL
2 bd2 ba1,213 sqft$313/ft²
Townhouse
View photos & details
$420,000
2572 160th Ave
Aledo, IL
4 bd4 ba2,492 sqft$169/ft²
House2.39 acres
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Looking to buy in Aledo?
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Active listings
7
Homes on market
Median list price
$240K
Avg. days on market
42
Days until sale
New this week
6
Newly listed
Price drops:57.1%of listings
Sale-to-list:101.5%
Who lives in Aledo?
Population
3,753
Median income
$62,829/yr
Median age
40.7 years
Owner-occupied
65.6%
College grads
23.0%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Aledo?
Zillow home value
$173,594
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Aledo?
Aledo is a community of approximately 4K residents with a median age of 40.7 years.The median household income is $62,829, which represents a working-class community with solid middle-income opportunities. 23.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Aledo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Aledo?
3 schools tracked · 1,018 students
The largest public schools serving Aledo, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mercer County High School
Grades 9-12 · 401 students
Apollo Elem School
Grades K-5 · 345 students
Mercer County Jr High School
Grades 6-8 · 272 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Aledo, IL?
Want a head-to-head view? Compare Aledo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Aledo?
The median home sale price in Aledo is $104,000, down 35.0% from last year.
How long do homes stay on market in Aledo?
Homes typically spend 42 days on market before going under contract.
What is the median income in Aledo?
The median household income is $62,829 per year.
Is Aledo a buyer's or seller's market?
With 2.3 months of supply, Aledo is currently a seller's market.
How many homes are for sale in Aledo?
There are currently 7 homes listed for sale in Aledo, IL.
What is the Zillow home value estimate for Aledo?
The Zillow Home Value Index (ZHVI) for Aledo is $173,594, representing the typical home value in the area.
How much does a single-family home cost in Aledo?
The median single-family home price in Aledo, IL is $104,000 (about $67 per square foot).
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