The housing in Altamont, Illinois (zip code 62411) is quite affordable, with a median value of $139,400. This is significantly less than the US median house value of $338,100. While the US experienced an 8.27% appreciation in house values over the past year, Altamont saw an even more impressive appreciation rate of 7.94%. This indicates that the housing market in Altamont is growing and becoming increasingly attractive to buyers looking for a good deal on their next home.
The median home cost in Altamont (zip 62411) is $139,400. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Altamont (zip 62411) is up 9.4%.
Average Age of Homes
- The median age of Altamont (zip 62411) real estate is 43 years old
The Rental Market in Altamont (zip 62411)
- Renters make up 15.8% of the Altamont (zip 62411) population
- 2.4% of houses and apartments in Altamont (zip 62411), 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.