The housing market in Alton, MN is thriving. The median value of homes in Alton is currently at $294,800 which is nearly 12% lower than the US median home value of $338,100. Despite this difference, the 1 year appreciation rate in Alton is 11.33%, over 3% higher than the US average of 8.27%. This shows that there is a steady increase in home values in Alton and a strong demand for housing within the city.
The median home cost in Alton is $294,800. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Alton is up 11.6%.
Average Age of Homes
- The median age of Alton real estate is 74 years old
The Rental Market in Alton
- Renters make up 5.0% of the Alton population
- 0.0% 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.