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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 March 2026?
Over the past month, the Alsip real estate market has maintained its upward trend, with home sales increasing by 5% compared to the previous month. The average days on the market have slightly decreased, showing that buyers are keen on securing homes quickly. Property values have risen by 2%, reflecting ongoing demand in this desirable suburb.
How much do homes sell for in Alsip, IL?
The average home price is currently $322,854.
In Alsip, IL, how many homes are available?
There are currently 143 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 $66,880,990.
What is currently the cheapest priced home in Alsip, IL?
The cheapest home for sale in Alsip is priced at $18,844.

Living in Alsip, IL

Alsip, IL is a friendly suburb of Chicago with a strong community vibe, abundant amenities, and easy access to the city. It features various parks, shopping, and schools, making it an ideal place for families and young professionals alike. With its rich history and engaged communities, Alsip provides a perfect balance of suburban living with city accessibility.

Buyer vs Seller Market in Alsip, IL

The real estate market in Alsip has shown resilience in recent months, with continued demand for family homes and a diverse selection of properties available. Home prices have seen a slight increase due to a limited inventory as buyer interest remains strong. As a result, homes are frequently seeing multiple offers, indicating a competitive 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 $271,400.00. 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 $322,854.00, with the most expensive house in Alsip, IL, topping out at $66,880,990.00 and the cheapest home in Alsip, IL, clocking in at $18,844.00. 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: 143

Market Values:

Home Prices from $18,844 to $66,880,990

Average Sales Price: $322,854

Rental Values:

Rental from $800 to $2,600

Average Rent Value: $1,421 / month

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