Alpha, IL 61413 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Alpha, IL—61413

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$140,000

5.8% YoY Growth

Household Income

$73,000

31.0% YoY Growth

Days on Market

26.0% Shorter YoY

Home Price Forecast

0.3%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Alpha, IL

As of Dec '25, the median home price in Alpha, IL is $140,000, with a year-over-year change of 5.8%. This indicates that home prices in Alpha, IL are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$140,000	5.8%
Single Family	$140,000	5.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Alpha, IL

Alpha, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

6.1%

2 Bedrooms

63.3%

3 Bedrooms

26.5%

4 Bedrooms

4.1%

Property Listings — Alpha, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Alpha, IL is 35. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$150,000	11.0%
Listing Count	5	120.0%
Listings as % of Homes	0.2%	120.0%
Days on Market	34	-26.0%

Loading chart...

Demographics — Alpha, IL

As of the latest ACS Survey released in 2023, Alpha, IL has a population of 1,040, which has increased by 14.6% over the past 5 years. Alpha, IL is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,040	14.6%
% Under 18	20.8%	1.5%
% Seniors	25.6%	20.2%
% WFH	1.9%	-75.6%
% w/ College Degree	24.9%	-6.4%

Loading chart...

As of the latest ACS Survey released in 2023, Alpha, IL is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 10.9% in the last 5 years. The second most common race or ethnicity in Alpha, IL is hispanic, making up 8.2% of the population. Foreign-born residents account for 0.2% of the population in Alpha, IL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	86.2%	-10.9%
% Black	0.2%	∞%
% Hispanic	8.2%	530.8%
% Asian	0.2%	∞%
% Foreign Born	0.2%	0.0%

Loading chart...

Mortgage and Risk — Alpha, IL

According to HUD data as of 2023, there were 40 mortgage originations in Alpha, IL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Alpha, IL. Investor activity is low, as 7.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	40
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	7.0%
% Second Loans	3.0%
% Cash Out Refinance	10.0%

Loading chart...

Rentals and Section 8 — Alpha, IL

Alpha, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$790
2 Bedroom	N/A	N/A	$980
3 Bedroom	N/A	N/A	$1,280
4 Bedroom	N/A	N/A	$1,510

Alpha, IL—61413

Key Metrics at a Glance

Home Price Trends — Alpha, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alpha, IL

% of Rental Stock

Property Listings — Alpha, IL

Demographics — Alpha, IL

Race and Ethnicity

Mortgage and Risk — Alpha, IL

Mortgages

Rentals and Section 8 — Alpha, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Alpha, IL

Home Price to Income Ratio

Alpha, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Ophiem, IL

Lynn Center, IL

Rio, IL

Windsor, IL

Woodhull, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.7
Median Home Price	$140,000
Median Household Income	$73,000

Alpha, IL—61413

Key Metrics at a Glance

Home Price Trends — Alpha, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alpha, IL

% of Rental Stock

Property Listings — Alpha, IL

Demographics — Alpha, IL

Race and Ethnicity

Mortgage and Risk — Alpha, IL

Mortgages

Rentals and Section 8 — Alpha, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Alpha, IL

Home Price to Income Ratio

Alpha, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Ophiem, IL

Lynn Center, IL

Rio, IL

Windsor, IL

Woodhull, IL

Frequently Asked Questions

What is the average home price in Alpha, IL 61413?

How have home prices in Alpha, IL 61413 changed over the past year?

What is the home price projection for Alpha, IL 61413?

What are the demographics of Alpha, IL 61413?

How long does it take homes to sell in Alpha, IL 61413?

What is the average rent price in Alpha, IL 61413?