Market Overview
Home Prices in Alexis, IL
The median home value in Alexis, IL is $150,973 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.2% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alexis are priced63% below average. Alexis is part of the Davenport-Moline-Rock Island, IA-IL metro area.
Over the past five years, Alexis home values have risen by approximately17.6%, reflecting steady appreciation in this market.
Price History
Alexis Home Price Trend
City Comparison
Alexis vs. National Median
At $150,973, homes in Alexis cost 63% below the national median of $410,000. This makes Alexis a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alexis?
20% Down Payment
$30,195
on $150,973
Monthly P&I
$787/mo
30-yr @ 6.8%
Total Monthly Est.
~$999/mo
incl. taxes & insurance
Income Needed
$39,960
gross annual (30% rule)
10% Down Option
$15,097
+ PMI applies
Loan Amount (20% dn)
$120,778
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Alexis, IL?
The median home value in Alexis is $150,973 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.2% year-over-year.
How much have home prices changed in Alexis?
Over the past year, home values in Alexis have increased by 11.2%. Over five years, prices have risen approximately 17.6%.
How much do I need to earn to buy a home in Alexis?
To comfortably afford the median home price of $150,973 with a 20% down payment ($30,195) at today's rates (6.8%), you'd need a gross annual income of approximately $39,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Alexis compare to the national average home price?
The national median home value is approximately $410,000. At $150,973, homes in Alexis are 63% below the national average.
What metro area is Alexis part of?
Alexis is part of the Davenport-Moline-Rock Island, IA-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.