Alton, IL Home Values & Market Trends
Real estate market trends reflect that there have been 717 transactions over the past year in Alton. The median value for residential home transactions that occurred over the previous year is $102,644.6. The number of current listings in Alton is 61, and the percentage of properties for sale in the city is 61.00%. Alton, IL currently has 72 properties in foreclosure, 10 bank owned properties, 13 properties headed for auction, and 61 properties for sale.
Alton, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62002 | $ 120,000 $ 92/sqft |
Housing Market Summary for Alton, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $94,450 | $103K | 9.03% |
| Median Sold Price | $88,396 | $103K | 16.50% |
| Homes For Sale | 48 | 43 | -10.42% |
| Homes Sold | 441 | 300 | -31.97% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Alton, IL
Browse Homes in Alton, IL
Alton home values range from $10,195 to $6,599,313. The median estimated value of a home in Alton is $102,644.6. The median list price of a home is 132,000, and the total count of properties in the city is 12,038.
- Pre-ForeclosurePre-foreclosure homes account for 0.41% of all residential properties in Alton, IL with 62002 containing 49 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Alton, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $308,979 in 62002 to the lowest home value of $31,855 in 62002.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Alton, IL ranges from the highest value of $259,909 in 62002 to the lowest value of $52,871 in 62002. Bank owned homes and properties account for 0.08% of properties in Alton, IL. There is 1 zips within Alton, IL; 62002 containing 10 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62002 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Alton, IL. Auction homes and other auction properties account for 0.11% of all properties in Alton, IL. There is 1 zips within Alton, IL; of that zips, the median estimated home value for homes going to auction ranges from $471,250 in 62002 to the lowest value of $22,646 in 62002.
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