All Countries
Aledo, IL
Full City Profile · Illinois · Mercer County County
3.6
/5.0
B+
Good
3,753
Population
1,604/sq mi density
$62,829
Median Income
$34,056 per capita
$140,000
Home Value
$167,523 Zillow
$770
Median Rent
23.5% income on rent
50°F
Avg Temperature
275 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,829 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$140,000 home value, $770/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.8 / 5.0
23.0% bachelor's degree or higher
Housing Overview
Median Home Value
$140,000
50% below
US avg: $281,900
Median Rent
$770/mo
34% below
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
1,826
Median year built: 1958
Home Value by Source
Census Median
$140,000
Zillow (ZHVI)
$167,523
Median Sale Price
$103,000
Median List Price
$202,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.6%
Owner-Occupied
34.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$770/mo
· Zillow rent:
$750/mo
Market Indicators (Redfin)
Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$92
Active Inventory
10
homes for sale
Affordability & Housing Stock
Rent Burden
23.5%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
65.6%
Complete Housing Data
Home Values
| Census Median Value | $140,000 |
| Zillow Home Value (ZHVI) | $167,523 |
| Median Sale Price | $103,000 |
| Median List Price | $202,450 |
| Price Per Sq Ft | $92 |
Rent
| Census Median Rent | $770 |
| Zillow Rent (ZORI) | $750 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 71 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 2 |
| Active Inventory | 10 |
| Price Per Sq Ft | $92 |
Ownership & Stock
| Owner-Occupied | 65.6% |
| Renter-Occupied | 34.4% |
| Homeownership Rate | 65.6% |
| Total Housing Units | 1,826 |
| Median Year Built | 1958 |
| Rent Burden | 23.5% |