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Featured local agent — Alpha, IL
Sarah Mitchell
Compass Real Estate · Alpha, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Alpha, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$105,000median sale price
How is the Alpha, IL housing market right now?
The median home sale price in Alpha, IL is $105,000. Homes sell in an average of 45 days with 2 active listings. The market is currently a balanced 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 Alpha a buyer's or seller's market?
Alpha, IL is currently a balanced market, based on 2.0 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
45
Average pace
Active listings
2
2.0 months supply
Sale-to-list
87.5%
Below asking
What does the Alpha housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $105,000 |
| Median list price | $164,950 |
| Average days on market | 45 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 87.5% |
| Median price per sq ft | $92/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 6 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Alpha by property type?
How the Alpha, 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 | $105,000 | $92/sq ft | 1 | 45 days |
Source: Redfin · Updated monthly
The Alpha housing market is currently classified as a balanced market with a median sale price of $105,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 45 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Alpha
There are currently 2 homes listed for sale in Alpha, Illinois. The median listing price is $165K.
Active listings
2
Homes on market
Median list price
$165K
Avg. days on market
45
Days until sale
New this week
6
Newly listed
Who lives in Alpha?
Population
801
Median income
$75,139/yr
Median age
43.6 years
Owner-occupied
84.6%
College grads
20.7%
Avg commute
20 min
Source: U.S. Census Bureau ACS
What is it like to live in Alpha?
Alpha is a community of approximately 1K residents with a median age of 43.6 years.The median household income is $75,139, which reflects a relatively affluent area with strong earning potential. 20.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 20 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Alpha offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Alpha?
1 schools tracked · 184 students
The largest public schools serving Alpha, 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.
AlWood Elem School
Grades PK-5 · 184 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 Alpha, IL?
Want a head-to-head view? Compare Alpha side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Alpha?
The median home sale price in Alpha is $105,000, down 0.0% from last year.
How long do homes stay on market in Alpha?
Homes typically spend 45 days on market before going under contract.
What is the median income in Alpha?
The median household income is $75,139 per year.
Is Alpha a buyer's or seller's market?
With 2.0 months of supply, Alpha is currently a balanced market.
How much does a single-family home cost in Alpha?
The median single-family home price in Alpha, IL is $105,000 (about $92 per square foot).
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