62002 Home Values & Market Trends

There are 64 homes currently listed for 62002. 62002 real estate market trends show that home prices range from $3,500 to $1,359,900, and the median sales price in the 62002 zip code is $102,608.25. The total number of properties sold within the past twelve months is 719. In 62002, 76 properties are in foreclosure, 9 are bank owned properties,and 12 are headed for auction.

62002 Real Estate Market Overview

CityMedian Est. Value
Alton

$ 118,694

$ 89/sqft

Housing Market Summary for 62002

Apr 2023March 2024Change
Median Listing Price$94,450$103K9.03%
Median Sold Price$88,382$103K16.52%
Homes For Sale4843-10.42%
Homes Sold441300-31.97%
Price
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Homes For Sale
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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%.

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Browse Homes in 62002

The median list price of a home in Alton, is $102,608.25. A total of 64 properties are for sale, and the percentage of properties for sale in the zip code is 64.00%. The total count of 62002 properties is 12,038.

Foreclosure
There is 1 cities within 62002; within this cities, the median estimated home value for homes in foreclosure ranges from $471,250 in alton to the lowest value of $22,192 in alton. Foreclosure homes account for 0.00% of properties in 62002 with alton containing 76 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.46% of all residential properties in 62002 with alton containing 55 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 62002; of that cities, the estimated home value for pre-foreclosure homes ranges from $308,979 in alton to the lowest home value of $22,192 in alton.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 62002 ranges from the highest value of $259,909 in alton to the lowest value of $49,476 in alton. Bank owned homes and properties account for 0.07% of properties in 62002. There is 1 cities within 62002; alton containing 9 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    alton has 12 auction properties, the highest number of properties going to auction in a single city in the state of 62002. Auction homes and other auction properties account for 0.10% of all properties in 62002. There is 1 cities within 62002; of that cities, the median estimated home value for homes going to auction ranges from $471,250 in alton to the lowest value of $22,646 in alton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.53% of residential properties in 62002 with alton containing 64 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 62002; homes for sale in that cities, have a range of median values from $1,001,813 in alton to the lowest value of $28,521 in alton.
    Sold Homes
    The median value for recently sold homes ranges from $6,599,313 in alton to the lowest price of $11,608 in alton. There is 1 cities within 62002. alton has 385 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.20% of properties in 62002.

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      Guide for 62002

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.