Alsip, IL Home Values & Market Trends
Real estate market trends reflect that there have been 267 transactions over the past year in Alsip. The median value for residential home transactions that occurred over the previous year is $294,826. The number of current listings in Alsip is 198, and the percentage of properties for sale in the city is 198.00%. Alsip, IL currently has 73 properties in foreclosure, 3 bank owned properties, 8 properties headed for auction, and 198 properties for sale.
Alsip, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60803 | $ 290,620 $ 229/sqft |
Housing Market Summary for Alsip, IL
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $289.4K | $279K | -3.61% |
| Median Sold Price | $251.7K | $267.7K | 6.37% |
| Homes For Sale | 138 | 198 | 43.48% |
| Homes Sold | 100 | 108 | 8.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Alsip, IL
Browse Homes in Alsip, IL
Alsip home values range from $98,737 to $569,435. The median estimated value of a home in Alsip is $294,826. The median list price of a home is 279,000, and the total count of properties in the city is 451.
- Pre-ForeclosurePre-foreclosure homes account for 13.75% of all residential properties in Alsip, IL with 60803 containing 64 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Alsip, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $449,117 in 60803 to the lowest home value of $111,956 in 60803.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Alsip, IL ranges from the highest value of $314,900 in 60803 to the lowest value of $71,250 in 60803. Bank owned homes and properties account for 0.67% of properties in Alsip, IL. There is 1 zips within Alsip, IL; 60803 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60803 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Alsip, IL. Auction homes and other auction properties account for 1.77% of all properties in Alsip, IL. There is 1 zips within Alsip, IL; of that zips, the median estimated home value for homes going to auction ranges from $365,927 in 60803 to the lowest value of $150,620 in 60803.
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Guide for Alsip, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
