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Housing in Alsip

177 homes sold in Alsip in the last year, at a typical $284K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Alsip homes are listed.

Homes sold
177
June 2025 to May 2026
Typical sale price
$284K
houses $307K · condos $151K
Price per square foot
$193
Illinois $193
Paid vs. asking
99%
37% sold over asking
For sale now
53
May 2026 · 15 sold that month
What sold · last 12 months

A quarter of Alsip’s sales are condos, at $156K less than a house

111 houses and 46 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$307K

typical sale · 111 sold in 12 months

Per square foot
$212IL $180
Days to sell
67
Sold over asking
38%
Listings with a price cut
21%
Condos$151K

typical sale · 46 sold in 12 months

Per square foot
$155IL $251
Days to sell
68
Sold over asking
30%
Listings with a price cut
24%
Fewer sales

Multi-family (2–4 units): 5 sold, typical $514K
Townhouses: 15 sold, typical $229K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

177 sales in the last year, against 282 in 2021 and a low of 181 in 2024. The typical sale went from $133K in 2016 to $284K.

Homes soldTypical sale price
075150225300$75K$150K$225K$300K2012: 183 sold, typical $99K’122013: 239 sold, typical $106K2014: 239 sold, typical $112K’142015: 238 sold, typical $119K2016: 266 sold, typical $133K’162017: 247 sold, typical $143K2018: 214 sold, typical $148K’182019: 242 sold, typical $163K2020: 229 sold, typical $189K’202021: 282 sold, typical $216K2022: 250 sold, typical $223K’222023: 204 sold, typical $227K2024: 181 sold, typical $251K’242025: 185 sold, typical $274KLast 12 months: 177 sold, typical $284KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Alsip

Houseat $212 a sq ft
Condoat $155 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Alsip homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Alsip are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Alsip’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 177 sales.

If you’re buying in Alsip

  • Shop in March. It brings about 24 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
  • Some room to negotiate. 21% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99% of the list price on average; 37% paid over.
  • You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 63 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 29 a month), and the most competition: 42% close over asking. March offers nearly as much choice with fewer homes bid up (30%). February has the least competition (23%).

New listings a monthShare sold over asking
07.51522.53020%40%60%Sweet spotJan: 19 new listings a month, 28% sold over asking, 60 days to sellJFeb: 21 new listings a month, 23% sold over asking, 56 days to sellFMar: 24 new listings a month, 30% sold over asking, 57 days to sellMApr: 26 new listings a month, 39% sold over asking, 39 days to sellAMay: 24 new listings a month, 37% sold over asking, 45 days to sellMJun: 27 new listings a month, 36% sold over asking, 46 days to sellJJul: 29 new listings a month, 42% sold over asking, 41 days to sellJAug: 27 new listings a month, 34% sold over asking, 50 days to sellASep: 26 new listings a month, 34% sold over asking, 39 days to sellSOct: 25 new listings a month, 36% sold over asking, 50 days to sellONov: 17 new listings a month, 38% sold over asking, 46 days to sellNDec: 14 new listings a month, 35% sold over asking, 55 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Illinois as a whole

Alsip now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price37%29%49%37%
Gone within two weeksShare of homes under contract within 14 days36%34%61%46%
Listings with a price cutShare of homes for sale that cut their price21%22%28%19%
Price paid vs. askingAverage sale price ÷ list price99%97.3%100.2%99.2%
Days to sellMedian days from listing to contract63611249
Supply

49 homes for sale on a typical day

That’s 1.8 times the 2021 low (27), 30% fewer than in 2017–19 and well under 2012’s 122.

2012: 122 for sale’122013: 94 for sale2014: 95 for sale2015: 87 for sale’152016: 75 for sale2017: 76 for sale2018: 58 for sale’182019: 75 for sale2020: 39 for sale2021: 27 for sale’212022: 52 for sale2023: 41 for sale2024: 40 for sale’242025: 49 for saleLast 12 months: 49 for saleNow
Room to negotiate

1 in 5 listings has cut its price

21% in the last year, against 22% in 2017–19 and 19% across Illinois.

2015: 26%’152016: 29%2017: 24%2018: 23%’182019: 20%2020: 27%2021: 28%’212022: 18%2023: 15%2024: 19%’242025: 20%Last 12 months: 21%Now
Prices by type

Since 2019, houses are up 62%, condos 100%

A house typically sold for $307K in the last year (111 sales), a condo for $151K (46).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $136K, 148 salesHouses 2014: $144K, 147 salesHouses 2015: $143K, 165 salesHouses 2016: $155K, 169 salesHouses 2017: $176K, 167 salesHouses 2018: $184K, 130 salesHouses 2019: $190K, 157 salesHouses 2020: $216K, 156 salesHouses 2021: $244K, 188 salesHouses 2022: $254K, 149 salesHouses 2023: $266K, 134 salesHouses 2024: $283K, 120 salesHouses 2025: $306K, 113 salesHouses last 12 months: $307K, 111 salesHouses $307KCondos 2013: $44K, 69 salesCondos 2014: $40K, 69 salesCondos 2015: $53K, 55 salesCondos 2016: $58K, 65 salesCondos 2017: $68K, 70 salesCondos 2018: $61K, 58 salesCondos 2019: $75K, 68 salesCondos 2020: $89K, 52 salesCondos 2021: $106K, 64 salesCondos 2022: $122K, 72 salesCondos 2023: $119K, 48 salesCondos 2024: $129K, 51 salesCondos 2025: $131K, 51 salesCondos last 12 months: $151K, 46 salesCondos $151K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Alsip ranks 179th of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Alsip is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Alsip home costs about $2,035 a month

Mortgage
Property tax
Insurance
Rent

Price: Alsip’s typical sale, last 12 months. Property tax at Alsip’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Alsip is affordable on local pay is on Cost of living.

Before you buy in Alsip

Six things worth knowing

29

New listings in July

The month with the most choice. December has the fewest, about 14.

Best time to buy
2.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $284K home, about $6,620 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Alsip, from test results, graduation and how much students grow.

Schools in Alsip
30 min

Typical commute

The average one-way trip to work for people who live in Alsip.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Crestwood, Robbins and Blue Island sell for less a square foot

The busier markets within 25 miles of Alsip, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Oak Lawn670$288K$19336%58
Palos Heights203$365K$19229%53
Crestwood182$188K$16935%48
Alsip177$284K$19337%63
Worth Township130$285K$18939%58
Blue Island114$233K$14037%76
Robbins31$109K$9635%64

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Alsip, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Alsip. People who follow the town see it, and so do people comparing Alsip with their own town. No commission, no listing fee.

Questions about buying a home in Alsip

What do homes sell for in Alsip, IL?

177 homes sold in the year to May 2026 at a typical $284K, $193 a square foot. Houses sold for about $307K, condos for about $151K.

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

A seller’s market: 53 homes were for sale in May 2026 and 15 sold, about 3.5 months of supply. Buyers paid 99% of asking on average, and 21% of listings cut their price.

When is the best time to buy in Alsip?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Alsip?

About 2.3% of a home’s value a year. On a $284K home that’s near $6,620.

Where can I see homes for sale in Alsip?

Zillow, Redfin, Realtor.com and Homes.com all carry Alsip’s MLS listings; the search links above open each one filtered to Alsip.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).