$21,000
5130 Abc Rd Lot 106
Alturas, FL
3 bd2 ba
Mobile home
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Sarah Mitchell
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Compass Real Estate · Alturas, FL
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Alturas, FL(512) 555-0184TX License #0512847
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Alturas, FL Housing Market
Seller's market+133.8% YoY
Redfin, through April 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The last median sale price Redfin published was $380,000, +133.8% year over year (through May 2026). With 1.4 months of supply and homes going under contract in about 188 days, Alturas is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $380,000 home is about $1,954/mo in principal and interest.
Key numbers for Alturas, FL
Median sale price
$380,000
+133.8% year over year
Redfin, through April 2026
Days on market
188
Slow-moving
Redfin, through April 2026
Active listings
10
1.4 months of supply
Redfin, through April 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$68,955
Home costs 5.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.7%
Selling below asking
Redfin, through April 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Alturas a buyer's or seller's market?
Seller's market1.4 months of supply188 days on market97.7% of asking
Alturas, FL is a seller's market, based on 1.4 months of supply and homes selling in about 188 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Alturas housing market data show?
Every row below is Redfin's final published month for Alturas, FL. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $380,000 |
| Median list price | $315,000 |
| Year-over-year price change | +133.8% |
| Median price per sq ft | $172/sq ft |
| Median days on market | 188 days |
| Active inventory | 10 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 97.7% |
| Homes sold (that month) | 7 |
| New listings (that month) | 3 |
| Listings with a price cut | 30.0% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Alturas is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Alturas is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Alturas home prices moved?
Over the last three years the median sale price in Alturas, FL rose 103.2%, from $187,000 to $380,000. 30.0% of Alturas listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.4 months while the sale-to-list ratio slips below its current 97.7%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Alturas?
Priced off the median sale price of $380,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $76,000 | $304,000 | $1,954/mo |
| 5% | $19,000 | $361,000 | $2,320/mo |
Redfin, through April 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,954, that implies roughly $83,725 a year before you add taxes and insurance. The median household in Alturas earns $68,955, about $14,770 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 5.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Alturas in the next 12 months?
Tell us your timeline. We send the Alturas market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Alturas?
Zillow does not publish a rent index (ZORI) for Alturas, FL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Alturas?
Active listings in Alturas, FL went from 16 in April 2025 to 10 in April 2026, a -37.5% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| May 2025 | 15 | 4 |
| June 2025 | 14 | 4 |
| July 2025 | 16 | 6 |
| August 2025 | 10 | 3 |
| September 2025 | 16 | 9 |
| October 2025 | 14 | not published |
| November 2025 | 17 | 3 |
| December 2025 | 17 | 2 |
| January 2026 | 17 | 5 |
| February 2026 | 13 | not published |
| March 2026 | 9 | 4 |
| April 2026 | 10 | 3 |
Redfin, through April 2026
How does Alturas compare to Florida and the U.S.?
Alturas homes sell for $380,000 — 10% below the Florida median of $421,500. Against the national median of $410,700, Alturas runs 7% lower. Year-over-year, Alturas moved +133.8% against Florida's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Alturas, FL | $380,000 | +133.8% | 188 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Alturas
What buyers should watch
- Months of supply, currently 1.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 30.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $366 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $380,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Alturas listing goes under contract in 188 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 97.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Alturas added 3 new listings against 7 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Alturas varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Alturas
There are currently 10 homes listed for sale in Alturas, Florida. The median listing price is $315K. Featured listings range from $21,000 to $849,900.
$35,000
0 Highway 60
Alturas, FL
Land1.25 acres
View photos & details
$36,900
0 Greyhound Ave
Alturas, FL
Land1.16 acres
View photos & details
$53,000
Hammermill Ave
Alturas, FL
Land1.16 acres
View photos & details
$75,000
5130 Abc Rd Lot 132
Alturas, FL
4 bd2 ba
Mobile home
View photos & details
$92,900
4845 Duck Key St
Alturas, FL
Land2.32 acres
View photos & details
$149,900
1842 Doc Lindsey Rd
Alturas, FL
3 bd2 ba1,192 sqft$126/ft²
House2.12 acres
View photos & details
$180,000
375 Alturas Rd
Alturas, FL
4 bd2 ba1,848 sqft$97/ft²
Mobile home24,829 sqft lot
View photos & details
$317,500
136 Paul Revere Rd
Alturas, FL
3 bd2 ba1,260 sqft$252/ft²
House12,197 sqft lot
View photos & details
$495,000
8243 Alturas Rd
Alturas, FL
2 bd2 ba1,665 sqft$297/ft²
House1.93 acres
View photos & details
$590,000
570 Old Bartow Lake Wales Rd
Alturas, FL
4 bd2 ba1,925 sqft$306/ft²
House5.41 acres
View photos & details
$849,900
408 Old Bartow Lake Wales Rd
Alturas, FL
3 bd3 ba2,625 sqft$324/ft²
House5.43 acres
View photos & details
Looking to buy in Alturas?
Get connected with a local real estate expert — free, no obligation.
Active listings
10
Homes on market
Median list price
$315K
Avg. days on market
188
Days until sale
New this week
3
Newly listed
Price drops:30.0%of listings
Sale-to-list:97.7%
How much do homes cost in Alturas by property type?
How the Alturas, FL market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $380,000 | $172/sq ft | 7 | 188 days |
Who lives in Alturas?
American Community Survey estimates for Alturas. U.S. Census ACS, 2023
Population
3,866
Households
1,252
Median income
$68,955/yr
Median age
35.8 years
Owner-occupied
83.7%
Median home value
$164,500
Median gross rent
$941/mo
Mean commute
30.3 min
83.7% of occupied homes in Alturas are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Alturas?
1 schools tracked · 296 students
The largest public schools serving Alturas, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ALTURAS ELEMENTARY SCHOOL
Grades PK-5 · 296 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Alturas, FL?
Ordered by distance from Alturas, not by size. Compare Alturas side by side with any of them.
Alturas housing market FAQ
Is Alturas a buyer's or seller's market?
Alturas, FL is currently a seller's market. That read comes from 1.4 months of supply, homes going under contract in about 188 days, and sellers getting 97.7% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Alturas?
The median sale price in the last month Redfin published was $380,000, about $172 per square foot.
Is Alturas cheaper than the rest of Florida?
Alturas's median sale price of $380,000 is 10% lower than the Florida statewide median of $421,500, and 7% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Alturas?
Homes in Alturas, FL spent a median of 188 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Alturas?
At the current 30-year fixed rate of 6.66%, 20% down on a $380,000 home is about $1,954 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $83,725 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $68,955.
Are home prices rising in Alturas?
Redfin's last published year-over-year change for Alturas, FL was +133.8%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Alturas?
Alturas ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Alturas?
That depends on your timeline, not on a headline. What the data says today: Alturas, FL is a seller's market with 1.4 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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