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Alpha, IL
Full City Profile · Illinois · Henry County County
3.7
/5.0
B+
Good
801
Population
2,584/sq mi density
$75,139
Median Income
$39,524 per capita
$115,700
Home Value
$151,445 Zillow
$957
Median Rent
25.0% income on rent
49°F
Avg Temperature
275 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$75,139 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$115,700 home value, $957/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.7 / 5.0
20.7% bachelor's degree or higher
Housing Overview
Median Home Value
$115,700
59% below
US avg: $281,900
Median Rent
$957/mo
18% below
US avg: $1,163/mo
Homeownership Rate
84.6%
29% above US avg (65.4%)
Total Housing Units
323
Median year built: 1961
Home Value by Source
Census Median
$115,700
Zillow (ZHVI)
$151,445
Median Sale Price
$107,500
Median List Price
$65,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.6%
Owner-Occupied
15.4%
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:
$957/mo
Market Indicators (Redfin)
Median Days on Market
57 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$106
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
84.6%
Complete Housing Data
Home Values
| Census Median Value | $115,700 |
| Zillow Home Value (ZHVI) | $151,445 |
| Median Sale Price | $107,500 |
| Median List Price | $65,000 |
| Price Per Sq Ft | $106 |
Rent
| Census Median Rent | $957 |
| 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 | 57 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 2 |
| Price Per Sq Ft | $106 |
Ownership & Stock
| Owner-Occupied | 84.6% |
| Renter-Occupied | 15.4% |
| Homeownership Rate | 84.6% |
| Total Housing Units | 323 |
| Median Year Built | 1961 |
| Rent Burden | 25.0% |