The housing market in 62024 East Alton, IL is doing relatively well when compared to the US median value. The median house value in 62024 East Alton, IL is $113,700, which is approximately one third of the national median value of $338,100. In the last year, house prices have appreciated by 7.96% in this area, which is slightly below the 8.27% appreciation rate across the US over the same period. This suggests that, while not as robust as other areas of the country, the housing market in 62024 East Alton, IL is still showing signs of health.
The median home cost in East Alton (zip 62024) is $113,700. Home appreciation the last 10 years has been 42.8%. Home Appreciation in East Alton (zip 62024) is up 10.0%.
Average Age of Homes
- The median age of East Alton (zip 62024) real estate is 60 years old
The Rental Market in East Alton (zip 62024)
- Renters make up 28.1% of the East Alton (zip 62024) population
- 2.7% of houses and apartments in East Alton (zip 62024), 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.