Monroe County, IL Housing Market Brief
county · IL · score computed October 2026
What is Monroe 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.
Population band 3 of 5 (population 20,431–39,126) · comparable within its band
Where is Monroe County, IL in its market cycle?
Monroe County, IL is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Monroe County, IL?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Monroe County, IL housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $329K | ▼ -3.7% | Redfin |
| Median Days on Market | 38 days | 0% | Redfin |
| Months of Supply | 3.0 | ▲ +30.4% | Redfin |
| Homes for Sale | 102 | ▲ +18.6% | Redfin |
| Homes Sold | 34 | ▼ -8.1% | Redfin |
| Median Price / Sq Ft | $160 | ▼ -1.5% | Redfin |
How has Monroe County, IL’s Alpha Score moved?
Markets like Monroe County, IL
Frequently asked questions
Is Monroe County, IL a buyer's or seller's market?
In the scores computed October 2026, Monroe County, IL is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Monroe County, IL?
The median sale price in Monroe County, IL is $329K, having fallen 3.7% over the past year, according to Redfin.
How affordable is Monroe County, IL?
Monroe County, IL scores 59 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Monroe County, IL's Alpha Score?
Monroe County, IL's strongest dimension is Price Momentum (77/100) and its weakest is Rental Yield (21/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Monroe County, IL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.