Population: 5,158 · Density: 13.0/mi² · Median household income: $59,551
Typical home value: $130,504 · Homeownership: 62.8%
Data as of January 2026. Source: Realtor.com.
The ALEDO, IL real estate market (61231) currently shows 20 active listings, with 6 pending sales. Homes are averaging 92 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 92 days on market compared to 43 days last year.
The median listing price has risen 7.8% year-over-year, from $132,175 to $142,450.
Whether you are buying or selling in ALEDO, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61231 | Aledo, IL 61231 | 0.0 mi | 20 | $3,787,860 | $142,450 | $189,393 |
| 61486 | Viola, IL 61486 | 7.7 mi | 5 | $783,210 | $150,833 | $156,642 |
| 61260 | Joy, IL 61260 | 8.6 mi | 5 | $706,125 | $112,500 | $141,225 |
| 61276 | Preemption, IL 61276 | 10.5 mi | 1 | $114,400 | $114,400 | $114,400 |
| 61281 | Sherrard, IL 61281 | 12.2 mi | 6 | $1,226,280 | $249,900 | $204,380 |
| 61442 | Keithsburg, IL 61442 | 12.9 mi | 1 | $62,500 | $62,500 | $62,500 |
| 61453 | Little York, IL 61453 | 13.9 mi | 1 | $125,000 | $125,000 | $125,000 |
| 61264 | Milan, IL 61264 | 14.4 mi | 21 | $6,976,767 | $157,000 | $332,227 |
| 61232 | Andalusia, IL 61232 | 15.1 mi | 2 | $350,000 | $175,000 | $175,000 |
| 52728 | Buffalo, IA 52728 | 17.0 mi | 5 | $297,750 | $51,750 | $59,550 |
| 61472 | Rio, IL 61472 | 19.2 mi | 2 | $280,900 | $140,450 | $140,450 |
| 61273 | Orion, IL 61273 | 19.8 mi | 3 | $663,768 | $238,900 | $221,256 |
| 61469 | Oquawka, IL 61469 | 19.9 mi | 3 | $409,701 | $89,900 | $136,567 |
As of January 2026, there are 20 active listings in ALEDO, IL (zip code 61231), compared to 16 the prior year.
The median listing price in ALEDO, IL 61231 is $142,450 as of January 2026, a 7.8% increase from $132,175 the prior year.
Homes in ALEDO, IL 61231 spend an average of 92 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ALEDO, IL 61231 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 92 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in ALEDO, IL 61231 save an estimated $2,849 compared to a typical 5% commission on the median listing price of $142,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.