The story of this market
The typical home in Alexander County, Illinois sells for about $51,236, or $42 per square foot.
Prices are roughly flat from a year ago (-0.1275%), a market in balance. Homes take about 98 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,012 a month.
HUD sets the fair market rent for a 2-bedroom at $1,012 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Monthly price momentum
Home values since 2015
+5.4%
IL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,401
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Natural hazard exposure
The area's risk shape
85
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $9,539,947.
Mortgage activity
Home lending in this county
69.2%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 90 | 34 | 50% | 0% | $85,000 |
| 2019 | 72 | 35▲ | 69.2%▲ | 9.1%▲ | $115,000▲ |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Alexander County, Illinois
Alexander County is facing a significant economic and demographic decline, characterized by a shrinking population and high housing vacancy rates. The real estate market is stagnant with very low transaction volume and low median home values. These conditions are driven by long-term economic contraction in the region.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 14.5% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 8 cities · 7 ZIP reports
Median prices moved up 0.1% year over year.
Homes spend a median of 141 days on market with 0.2 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 8.26% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 19.0% — a mixed stability profile.
Deterministic aggregate of 7 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 24
researched Sep 24
researched Sep 25
researched Sep 25
researched Sep 25
researched Sep 25
researched Sep 25
| 62914 | Cairo | $105,950 | — | — | 142 | — | — | — | 4 | $515 | researched Sep 24 |
| 62957 | McClure | $106,170 | $76 | — | 177 | — | — | — | 10 | $873 | researched Sep 24 |
| 62962 | Miller City | — | — | — | — | — | — | — | — | — | researched Sep 25 |
| 62969 | Olive Branch | $238,750 | $117 | +1% | 22 | 98.2% | — | 2.1 | 173 | $1,012 | researched Sep 25 |
| 62988 | Tamms | $85,000 | $62 | -2.3% | 112 | 94.5% | 12% | 7 | 14 | $493 | researched Sep 25 |
| 62990 | Thebes | $145,000 | $98 | +3.5% | 82 | 96.2% | 15.8% | 9.5 | 19 | $910 | researched Sep 25 |
| 62993 | Unity | $135,000 | $88 | +2.4% | 42 | 97.5% | 12% | 3.6 | 18 | $950 | researched Sep 25 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county is located at the confluence of the Mississippi and Ohio Rivers, making it historically prone to floodplain risks.
The county is currently experiencing an economic crisis with a shrinking population and limited industrial momentum.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
The rental market is characterized by high vacancy rates, with 35.2% of housing units reported as vacant.
The county is in an economic crisis with a population under 5,000 and median household income significantly below the state and national averages.
- Cape Splash Family Aquatic Center4.216 mi
- Dogwood Social House Cape Girardeau4.314 mi
- Discovery Playhouse4.713.2 mi
- Ultimate Air Trampoline Park4.313.1 mi
- Show Me Center4.514 mi
- Golden Corral Buffet & Grill3.715.3 mi
- Dogwood Social House Cape Girardeau4.314 mi
- Hotshots Sports Bar & Grill4.112.8 mi
- Osage Centre - City of Cape Girardeau Parks & Recreation Department4.516 mi
- Trail of Tears State Park4.619.9 mi
- Marcus Cape West Cinema4.515.2 mi
- Cape Splash Family Aquatic Center4.216 mi
- Cape Girardeau Conservation Nature Center4.817.5 mi
- Dogwood Social House Cape Girardeau4.314 mi
- Cape Girardeau Conservation Nature Center4.817.5 mi
- Bollinger Mill State Historic Site4.728 mi
- Discovery Playhouse4.713.2 mi
- Wickliffe Mounds State Historic Site4.520 mi
- Historic Fort D4.112.5 mi
- Trail of Tears State Park4.619.9 mi
- Cape Girardeau Conservation Nature Center4.817.5 mi
- Capaha Park4.514 mi
- Fort Defiance State Park4.117.3 mi
- Cape Girardeau Parks & Recreation - Shawnee Park Sports Complex4.313.1 mi
- West Park Mall414.7 mi
- Schnucks Cape Girardeau4.414.3 mi
- T.J. Maxx4.315 mi
- Rural King - Cape Girardeau, MO4.314.6 mi
- Kohl's4.215.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The county is situated at the major confluence of these two significant rivers, defining its geography and history.
Data retrieved from American Factbook and Census Bureau estimates.
Sellers must provide a written disclosure report to prospective buyers detailing material defects in the property as defined by 765 ILCS 77/35.
765 ILCS 77/1 et seq.
Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts. Exemptions, such as the homestead exemption, reduce the EAV before the tax rate is applied.
35 ILCS 200/9-145
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.