Is Alsip, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alsip is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Alsip has remained a Seller's Market.

Key Takeaway

Alsip is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Alsip, IL cost?

Median Sold Price

$227,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$26,000(+12.9%)

Key Takeaway

Homes in Alsip have sold for 12.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $53K$69.9K
+31.9%
2 $114.2K$128K
+12.0%
3 $225K$255K
+13.3%
4 $240K$299.9K
+25.0%
5+ $315K$332.4K
+5.5%

Median Sold Price Compared To Nearby Cities

Alsip
+12.9%
Oak Lawn
+10.6%
Worth Township
+9.7%
Crestwood
+6.5%

How many homes are available in Alsip, IL?

Number of Homes For Sale

Jun 2022Jul 2022%
8289+8.5%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 13
+200.0%
2 2825
-10.7%
3 3439
+14.7%
4 1417
+21.4%
5+ 55
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
1723+35.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alsip, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
9 Days16 Days+66.6%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alsip are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

New

11630 S Karlov Ave, Alsip, IL 60803

11630 S Karlov Ave, Alsip, IL 60803

$258,900
1,250 SqFt
3 Bedrooms
~$1,250/mo.*1 Full Bath, 1 Partial
Robert Wood#11490590
Listing Office:
eXp Realty, LLCMLS logo

New

3612 W 121st Pl, Alsip, IL 60803

3612 W 121st Pl, Alsip, IL 60803

$200,000
2,097 SqFt
3 Bedrooms
~$950/mo.*1 Full Bath, 1 Partial
Anne Rosen#11490231
Listing Office:
Keller Williams InfinityMLS logo

New

4839 W Engle Rd Unit 1C, Alsip, IL 60803

4839 W Engle Rd Unit 1C, Alsip, IL 60803

$89,000
900 SqFt
2 Bedrooms
~$450/mo.*1 Full Bath
Griselda Chaidez#11487740
Listing Office:
Su Familia Real Estate IncMLS logo

New

12715 S Lacrosse Ave Unit 104, Alsip, IL 60803

12715 S Lacrosse Ave Unit 104, Alsip, IL 60803

$58,000
800 SqFt
1 Bedroom
~$300/mo.*1 Full Bath
Laura McNellis#11487491
Listing Office:
McSully Properties LLCMLS logo

New

5134 W 122nd St Unit 2A, Alsip, IL 60803

5134 W 122nd St Unit 2A, Alsip, IL 60803

$169,900
1,200 SqFt
2 Bedrooms
~$850/mo.*1 Full Bath, 1 Partial
Laura Freeman#11486682
Listing Office:
Berkshire Hathaway HomeServices ChicagoMLS logo

New

4227 W Termunde Dr, Alsip, IL 60803

4227 W Termunde Dr, Alsip, IL 60803

$329,900
2,200 SqFt
4 Bedrooms
~$1,600/mo.*2 Full Baths
Armando Prieto#11433407
Listing Office:
RE/MAX 10MLS logo

New

4728 W 115th Pl, Alsip, IL 60803

4728 W 115th Pl, Alsip, IL 60803

$280,000
1,651 SqFt
4 Bedrooms
~$1,350/mo.*2 Full Baths
Camille Harris#11476479
Listing Office:
Coldwell Banker RealtyMLS logo

New

Backup Offers

4450 W 117th St, Alsip, IL 60803

4450 W 117th St, Alsip, IL 60803

$249,000
1,296 SqFt
3 Bedrooms
~$1,200/mo.*2 Full Baths
Jayne Schirmacher#11485794
Listing Office:
CompassMLS logo

New

12516 S Menard Ave, Alsip, IL 60803

12516 S Menard Ave, Alsip, IL 60803

$330,000
1,700 SqFt
3 Bedrooms
~$1,600/mo.*2 Full Baths
Carol O'Neill#11485054
Listing Office:
RE/MAX 10MLS logo

New

11504 S Joalyce Dr, Alsip, IL 60803

11504 S Joalyce Dr, Alsip, IL 60803

$189,900
977 SqFt
2 Bedrooms
~$900/mo.*1 Full Bath
John Groebe#11484151
Listing Office:
Coldwell Banker RealtyMLS logo

New

4223 W 126th St, Alsip, IL 60803

4223 W 126th St, Alsip, IL 60803

$220,000
1,056 SqFt
3 Bedrooms
~$1,050/mo.*1 Full Bath, 1 Partial
Barbara Thouvenell#11484731
Listing Office:
P.R.S. Associates, Inc.MLS logo
4530 W 123rd Pl, Alsip, IL 60803

4530 W 123rd Pl, Alsip, IL 60803

$249,900
1,109 SqFt
3 Bedrooms
~$1,200/mo.*1 Full Bath
Michael Mazzei#11481364
Listing Office:
Berkshire Hathaway HomeServices ChicagoMLS logo

About Alsip, IL

Number of homes for sale in Alsip, IL real estate market have reached 89. The number of homes for sale in Alsip, IL increased by 8.5% between June 2022 and July 2022. Listings spent 16 days on the market in July 2022, and had a median list price of $227,000 during the same period. Real estate listing prices changed between June 2022 and July 2022: the cost of 1 bedroom properties went up by 31.9%, the cost of 2 bedrooms properties went up by 12%, 3 bedrooms properties became 13.3% more expensive, 4 bedrooms properties became 25% more expensive, 5 bedrooms properties became 5.5% more expensive. Volume of homes for sale changed: 1 bedroom homes inventory increased by 200%, the quantity of 2 bedrooms homes went down by 10.7%, the quantity of 3 bedrooms homes went up by 14.7%, volume of 4 bedrooms homes went up by 21.4%, 5 bedrooms homes did not move. Alsip, IL housing market in July 2022 saw over 8 listings sold above listed price, more than 5 sold at listed price and over 10 sold below.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 08/01/2020 - 08/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/13/2022, 1:15:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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