Alton, IL Home Values & Market Trends

Real estate market trends reflect that there have been 719 transactions over the past year in Alton. The median value for residential home transactions that occurred over the previous year is $102,625.69. The number of current listings in Alton is 64, and the percentage of properties for sale in the city is 64.00%. Alton, IL currently has 76 properties in foreclosure, 9 bank owned properties, 12 properties headed for auction, and 64 properties for sale.

Alton, IL Real Estate Market Overview

ZipMedian Est. Value
62002

$ 118,694

$ 89/sqft

Housing Market Summary for Alton, IL

Apr 2023March 2024Change
Median Listing Price$94,450$103K9.03%
Median Sold Price$88,396$103K16.50%
Homes For Sale4843-10.42%
Homes Sold441300-31.97%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

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 $102,625.69. The median list price of a home is 132,500, and the total count of properties in the city is 12,038.

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

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Alton, IL
      $
      $

      Guide for Alton, IL

      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.