53Alpha

Menard County, IL Housing Market Brief

county · IL · as of August 2026

Balanced

What is Menard County, IL’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-3.370
Inventory Health25%
-15.743
Affordability20%
-9.883
Economic Strength20%
20
Rental Yield15%
-28.654

Where is Menard County, IL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Menard County, IL is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Menard County, IL?

Our model forecasts Menard County, IL’s home prices to decline about 1.1% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Menard County, IL housing market data

MetricValueYoY
Median Sale Price$249K▲ +8.4%
Median Days on Market3 days-25%
Months of Supply2.2▲ +175%
Homes for Sale24▲ +84.6%
Homes Sold12-25%
Median Price / Sq Ft$117▲ +1.1%

How has Menard County, IL’s Alpha Score moved?

Now: 53
12-period trend
Median sale price · 12 mo

Markets like Menard County, IL

Frequently asked questions

Is Menard County, IL a buyer's or seller's market?

As of August 2026, Menard County, IL is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Menard County, IL?

The median sale price in Menard County, IL is $249K, having risen 8.4% over the past year.

How affordable is Menard County, IL?

Menard County, IL scores 83 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Menard County, IL's Alpha Score?

Menard County, IL's strongest dimension is Affordability (83/100) and its weakest is Economic Strength (20/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Menard County, IL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.