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Featured local agent — Altamont, IL
Sarah Mitchell
Compass Real Estate · Altamont, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Altamont, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$170,000median sale price
How is the Altamont, IL housing market right now?
The median home sale price in Altamont, IL is $170,000, up 14.1% year-over-year. Homes sell in an average of 81 days with 6 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Altamont a buyer's or seller's market?
Altamont, IL is currently a balanced market, based on 1.5 months of supply and homes selling in about 81 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
81
Average pace
Active listings
6
1.5 months supply
Sale-to-list
92.8%
Below asking
What does the Altamont housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $170,000 |
| Year-over-year price change | +14.1% |
| Average days on market | 81 days |
| Active inventory | 6 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 92.8% |
| Median price per sq ft | $97/sq ft |
| Homes sold (latest month) | 4 |
| Listings with a price cut | 66.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Altamont by property type?
How the Altamont, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $170,000 | $97/sq ft | 4 | 81 days |
Source: Redfin · Updated monthly
The Altamont housing market is currently classified as a balanced market with a median sale price of $170,000. Prices have risen 14.1% compared to last year, with homes spending an average of 81 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.3x provides context for how home values compare to local earning capacity.
Homes for sale in Altamont
There are currently 6 homes listed for sale in Altamont, Illinois.
Active listings
6
Homes on market
Avg. days on market
81
Days until sale
Who lives in Altamont?
Population
2,500
Median income
$76,198/yr
Median age
38 years
Owner-occupied
78.0%
College grads
18.6%
Avg commute
25.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Altamont?
Zillow home value
$171,755
Price-to-income
2.3x
Source: Zillow Research
What is it like to live in Altamont?
Altamont is a community of approximately 3K residents with a median age of 38 years.The median household income is $76,198, which reflects a relatively affluent area with strong earning potential. 18.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 78.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Altamont offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Altamont?
2 schools tracked · 689 students
The largest public schools serving Altamont, IL 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.
Altamont Grade School
Grades PK-8 · 470 students
Altamont High School
Grades 9-12 · 219 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 Altamont, IL?
Want a head-to-head view? Compare Altamont side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Altamont?
The median home sale price in Altamont is $170,000, up 14.1% from last year.
How long do homes stay on market in Altamont?
Homes typically spend 81 days on market before going under contract.
What is the median income in Altamont?
The median household income is $76,198 per year.
Is Altamont a buyer's or seller's market?
With 1.5 months of supply, Altamont is currently a balanced market.
What is the Zillow home value estimate for Altamont?
The Zillow Home Value Index (ZHVI) for Altamont is $171,755, representing the typical home value in the area.
How much does a single-family home cost in Altamont?
The median single-family home price in Altamont, IL is $170,000 (about $97 per square foot).
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