The housing market in East Alton, IL is quite robust. According to recent data, the median value of a house in East Alton is $89,700 compared to the US median of $338,100. Over the past year, the appreciation of homes in East Alton has been 7.96%, just slightly under the national average of 8.27%. This indicates that home values in East Alton are continuing to remain steady and potentially increasing over time as people move into this area for its affordable prices relative to other cities in the country.
The median home cost in East Alton is $89,700. Home appreciation the last 10 years has been 42.8%. Home Appreciation in East Alton is up 10.0%.
Average Age of Homes
- The median age of East Alton real estate is 63 years old
The Rental Market in East Alton
- Renters make up 32.9% of the East Alton population
- 2.7% of houses and apartments in East 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.