Aledo, IL Housing Market

Homes for sale

The Aledo housing market is very competitive. The median sale price of a home in Aledo was $115K last month, down 14.2% since last year. The median sale price per square foot in Aledo is $90, up 13.1% since last year.

Trends
Demand
Migration
Schools
Climate

Aledo Housing Market Trends

What is the housing market like in Aledo today?

In October 2024, Aledo home prices were down 14.2% compared to last year, selling for a median price of $115K. On average, homes in Aledo sell after 39 days on the market compared to 6 days last year. There were 9 homes sold in October this year, up from 3 last year.

$110K

Sale Price

+0.9%
since last year

$90

Sale $/Sq. Ft.

+13.1%
since last year

Under List Price

2.5%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Aledo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Aledo add value to a home.

How hot is the Aledo housing market?

Aledo is very competitive. Homes sell in 25 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 25 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.

Compare With Nearby Cities

Davenport

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 24 days.
Hot homes
can sell for about 1% above list price and go pending in around 7 days.

Rock Island

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 27 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 days.

See more nearby cities and neighborhoods

Aledo Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Aledo that sold recently

Recently sold homes

SOLD DEC 12, 2024
$158,000 Last Sold Price
2 beds
1.5 baths
1,008 sq ft
307 SW 4th St, Aledo, IL 61231
List Price
$158,000
Sale to List
0% over list
Days on Market
70 days
307 SW 4th St, Aledo, IL 61231
SOLD DEC 2, 2024
$400,000 Last Sold Price
4 beds
3.5 baths
3,912 sq ft
703 S College Ave, Aledo, IL 61231
List Price
$425,000
Sale to List
6% under list
Days on Market
535 days
703 S College Ave, Aledo, IL 61231
SOLD NOV 26, 2024
$172,500 Last Sold Price
3 beds
2 baths
1,633 sq ft
602 NW 6th St, Aledo, IL 61231
List Price
$170,000
Sale to List
1% over list
Days on Market
39 days
602 NW 6th St, Aledo, IL 61231
SOLD NOV 22, 2024
$110,000 Last Sold Price
2 beds
1.5 baths
1,856 sq ft
308 SW 3rd Ave, Aledo, IL 61231
List Price
$110,000
Sale to List
0% over list
Days on Market
79 days
308 SW 3rd Ave, Aledo, IL 61231
SOLD NOV 19, 2024
$175,000 Last Sold Price
4 beds
2.5 baths
2,181 sq ft
102 NW 8th Ave, Aledo, IL 61231
List Price
$199,900
Sale to List
12% under list
Days on Market
104 days
102 NW 8th Ave, Aledo, IL 61231
SOLD NOV 6, 2024
$93,000 Last Sold Price
2 beds
1 bath
917 sq ft
701 NW 2nd Ave, Aledo, IL 61231
List Price
$99,000
Sale to List
6% under list
Days on Market
62 days
701 NW 2nd Ave, Aledo, IL 61231
SOLD NOV 6, 2024
$109,000 Last Sold Price
3 beds
1 bath
2,213 sq ft
803 S College Ave, Aledo, IL 61231
List Price
$112,000
Sale to List
3% under list
Days on Market
84 days
803 S College Ave, Aledo, IL 61231
SOLD NOV 1, 2024
$91,000 Last Sold Price
2 beds
1 bath
654 sq ft
305 SE 7th Ave, Aledo, IL 61231
List Price
$90,000
Sale to List
1% over list
Days on Market
39 days
305 SE 7th Ave, Aledo, IL 61231
See all recently sold homes in Aledo.
See listings

Schools in Aledo

Learn about schools in the Aledo area

Elementary
Middle
High

GreatSchools Rating

3/10 Apollo Elementary School Public • PreK-4	315 Students	1 reviews
NR Mercer County Intermediate School Public • 5-6	199 Students	1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Aledo housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Aledo.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

99% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Aledo

New Listings in Aledo

Nearby City Housing Markets

Zip Code Housing Markets

61231 Housing Market

Nearby City Listings

Zip Code Listings

61231 Real Estate

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