Monroe County, IL Housing Market Brief
county · IL · as of August 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.
Where is Monroe County, IL in its market cycle?
Monroe County, IL is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Monroe County, IL?
Our model forecasts Monroe County, IL’s home prices to rise about 7.2% 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.
Monroe County, IL housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $346K | ▲ +5% |
| Median Days on Market | 41 days | ▼ -4.6% |
| Months of Supply | 1.6 | ▼ -11.1% |
| Homes for Sale | 74 | ▲ +5.7% |
| Homes Sold | 48 | ▲ +17.1% |
| Median Price / Sq Ft | $140 | ▼ -13.9% |
How has Monroe County, IL’s Alpha Score moved?
Markets like Monroe County, IL
- Effingham County, IL, ILcounty60
- Mitchell County, IA, IAcounty62
- Falls Church, VA, VAcounty62
- Clinton County, IL, ILcounty58
- Perry County, PA, PAcounty62
- Cedar County, IA, IAcounty56
- Manitowoc County, WI, WIcounty55
- Mineral County, WV, WVcounty55
- Marinette County, WI, WIcounty53
- Grundy County, IL, ILcounty61
Frequently asked questions
Is Monroe County, IL a buyer's or seller's market?
As of August 2026, Monroe County, IL is classified as a Balanced Market, based on its Alpha Score of 59 out of 100. The classification reflects current price, inventory, 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 $346K, having risen 5% over the past year.
How affordable is Monroe County, IL?
Monroe County, IL scores 75 out of 100 on affordability — relatively 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 Affordability (75/100) and its weakest is Rental Yield (32/100). 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.