Alhambra, IL 62001 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Alhambra, IL—62001

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$268,000

1.7% YoY Growth

Household Income

$93,600

27.4% YoY Growth

Days on Market

82.0% Longer YoY

Home Price Forecast

2.4%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Alhambra, IL

As of Dec '25, the median home price in Alhambra, IL is $268,000, with a year-over-year change of 1.7%. This indicates that home prices in Alhambra, IL are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$268,000	1.7%
Single Family	$268,000	2.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Alhambra, IL

Alhambra, 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

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% of Rental Stock

Studio

11.7%

1 Bedroom

2.5%

2 Bedrooms

50.8%

3 Bedrooms

26.7%

4 Bedrooms

8.3%

Property Listings — Alhambra, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Alhambra, IL is 38. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 67.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$348,000	25.0%
Listing Count	4	88.0%
Listings as % of Homes	0.4%	88.0%
Days on Market	70	82.0%

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Demographics — Alhambra, IL

As of the latest ACS Survey released in 2023, Alhambra, IL has a population of 1,810, which has remained stable by 1.0% over the past 5 years. Alhambra, IL is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,810	1.0%
% Under 18	19.1%	-4.5%
% Seniors	27.7%	42.1%
% WFH	7.7%	0.0%
% w/ College Degree	21.9%	-17.4%

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As of the latest ACS Survey released in 2023, Alhambra, IL is a predominantly white area, with 96.6% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Alhambra, IL is hispanic, making up 2.5% of the population. Foreign-born residents account for 2.2% of the population in Alhambra, IL, and this percentage has increased by 29.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	96.6%	-3.0%
% Black	0.0%	N/A
% Hispanic	2.5%	525.0%
% Asian	0.3%	∞%
% Foreign Born	2.2%	29.4%

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Mortgage and Risk — Alhambra, IL

According to HUD data as of 2023, there were 91 mortgage originations in Alhambra, IL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Alhambra, IL. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	91
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Alhambra, IL

Alhambra, 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	$880
2 Bedroom	N/A	N/A	$1,090
3 Bedroom	N/A	N/A	$1,410
4 Bedroom	N/A	N/A	$1,640

Alhambra, IL—62001

Key Metrics at a Glance

Home Price Trends — Alhambra, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alhambra, IL

% of Rental Stock

Property Listings — Alhambra, IL

Demographics — Alhambra, IL

Race and Ethnicity

Mortgage and Risk — Alhambra, IL

Mortgages

Rentals and Section 8 — Alhambra, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Alhambra, IL

Home Price to Income Ratio

Alhambra, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Livingston

Marine, IL

New Douglas, IL

Hamel

Worden, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$268,000
Median Household Income	$93,600

Alhambra, IL—62001

Key Metrics at a Glance

Home Price Trends — Alhambra, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alhambra, IL

% of Rental Stock

Property Listings — Alhambra, IL

Demographics — Alhambra, IL

Race and Ethnicity

Mortgage and Risk — Alhambra, IL

Mortgages

Rentals and Section 8 — Alhambra, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Alhambra, IL

Home Price to Income Ratio

Alhambra, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Livingston

Marine, IL

New Douglas, IL

Hamel

Worden, IL

Frequently Asked Questions

What is the average home price in Alhambra, IL 62001?

How have home prices in Alhambra, IL 62001 changed over the past year?

What is the home price projection for Alhambra, IL 62001?

What are the demographics of Alhambra, IL 62001?

How long does it take homes to sell in Alhambra, IL 62001?

What is the average rent price in Alhambra, IL 62001?