Housing in Alton, IL is quite affordable compared to the US median value of $338,100. The median value of housing in Alton is currently $79,500, making it a great option for those looking for more budget-friendly options. While the US house appreciation over the past year has been 8.27%, Alton's has slightly lagged behind at 7.96%. However, this still offers a good opportunity for those looking to invest in the area's real estate market.
The median home cost in Alton is $79,500. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Alton is up 10.0%.
Average Age of Homes
- The median age of Alton real estate is 67 years old
The Rental Market in Alton
- Renters make up 35.5% of the Alton population
- 3.1% of houses and apartments in Alton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.