54Alpha

Monroe County, IL Housing Market Brief

county · IL · as of May 2026

Balanced

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.

Price Momentum20%
-15.263
Inventory Health25%
+2.758
Affordability20%
61
Economic Strength20%
-1.749
Rental Yield15%
34

Where is Monroe County, IL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Monroe County, IL is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Monroe County, IL housing market data

MetricValueYoY
Median Sale Price$307K▲ +6%
Median Days on Market38 days-11.6%
Months of Supply2.3▲ +21.1%
Homes for Sale81▲ +9.5%
Homes Sold36-7.7%
Median Price / Sq Ft$141-5.7%
Sale-to-List Ratio96.8%-1.2%

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

Now: 54
3-period trend
Median sale price · 12 mo

Markets like Monroe County, IL

Frequently asked questions

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

As of May 2026, Monroe County, IL is classified as a Balanced Market, based on its Alpha Score of 54 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 $307K, having risen 6% over the past year.

How affordable is Monroe County, IL?

Monroe County, IL scores 61 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 Price Momentum (63/100) and its weakest is Rental Yield (34/100). 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.