Alexander, IL housing market
The typical Alexander home is worth about $181,000, up 10.7% in a year, 39% below the Illinois typical home.
Home values, sales, trends and how Alexander compares with the towns next door — updated as new data is published.
Alexander at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2023–2026
Show as a table
| January | Alexander | Illinois |
|---|---|---|
| 2024 | $146,000 | $263,000 |
| 2025 | $158,000 | $278,000 |
| 2026 | $175,000 | $290,000 |
| August 2026 | $181,000 | $298,000 |
A two-bedroom rents for about $1,050
HUD's Fair Market Rent for a two-bedroom in Alexander is $1,050 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $720 · 4 bedrooms $1,660
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62601; Morgan County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.