The housing market in Altona, IL (zip code 61414) is currently quite strong. The median house value in the area is $88,200, which is significantly lower than the national median at $338,100. Furthermore, over the past year, house prices have appreciated by 7.76% compared to 8.27% nationally. This indicates that Altona has a good market for prospective homeowners looking for an affordable home that could increase in value over time.
The median home cost in Altona (zip 61414) is $88,200. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Altona (zip 61414) is up 8.9%.
Average Age of Homes
- The median age of Altona (zip 61414) real estate is 78 years old
The Rental Market in Altona (zip 61414)
- Renters make up 22.1% of the Altona (zip 61414) population
- 11.3% of houses and apartments in Altona (zip 61414), 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.