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Foreclosure Homes in Alsip, IL

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Alsip, IL Foreclosures

Current Market Conditions in in Alsip, IL As of April 2026?
In the past month, the real estate market in Alsip has experienced an increase in home sales, signaling a recovery from the slower winter months. The demand for homes remains strong, with buyers eager to take advantage of interest rates before they rise again. Several homes have received multiple offers, contributing to higher sales prices compared to last month.
How much do homes sell for in Alsip, IL?
The average home price is currently $320,848.
In Alsip, IL, how many homes are available?
There are currently 149 active home listings available in Alsip.
What’s the average rental cost in Alsip, IL?
The average rental price in Alsip is $1,421.
What is the most expensive home in Alsip?
The most expensive home sold in Alsip had a price of $64,904,868.
What is currently the cheapest priced home in Alsip, IL?
The cheapest home for sale in Alsip is priced at $18,315.

Living in Alsip, IL

Alsip, IL is a vibrant suburb conveniently located near Chicago, offering a blend of residential comfort and urban access. With a strong community feel, residents benefit from parks, schools, and a range of local amenities. The area’s excellent transportation connections make it easy to enjoy city life while residing in a tranquil neighborhood.

Buyer vs Seller Market in Alsip, IL

The real estate market in Alsip has shown steady growth in recent years, with a stable demand for single-family homes. The combination of affordability and proximity to Chicago has made Alsip an attractive option for first-time homebuyers and families looking to settle down.

Current trends indicate a moderate increase in home prices, indicating a healthy market. Properties that are well-maintained or recently updated tend to sell quickly, while those in need of repairs may linger longer on the market.

Home Value Estimator For Alsip, IL

There are currently 5,489 real estate properties in Alsip, IL, with a median automated valuation model (AVM) price of $271,576.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alsip, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Alsip, IL, is $320,848.00, with the most expensive house in Alsip, IL, topping out at $64,904,868.00 and the cheapest home in Alsip, IL, clocking in at $18,315.00. In other words, there’s something for every potential homebuyer or savvy investor in Alsip, IL!

Rent Prices In Alsip, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alsip, IL, is on a rollercoaster ride. The average rent price in Alsip, IL, is $1,421.00. Indeed, when looking to rent in Alsip, IL, you can expect to pay as little as $800.00 or as much as $2,600.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Alsip, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Alsip, IL Foreclosures


Market Trend for Alsip, IL

Total Listings Available: 149

Market Values:

Home Prices from $18,315 to $64,904,868

Average Sales Price: $320,848

Rental Values:

Rental from $800 to $2,600

Average Rent Value: $1,421 / month

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