$49,900
2905 Bockstruck Ln
Alton, IL
Land2.55 acres
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Sarah Mitchell
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Compass Real Estate · Alton, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Alton, IL(512) 555-0184TX License #0512847
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Alton, IL Housing Market
Balanced market+3.4% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Alton, IL is worth $104,934, rose 3.4% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $152,500, +15.1% year over year (through May 2026). With 3.1 months of supply and homes going under contract in about 30 days, Alton is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $104,934 home is about $560/mo in principal and interest.
Key numbers for Alton, IL
Typical home value
$104,934
+3.4% in 12 months
Zillow, August 2026
Typical asking rent
$1,019/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$152,500
+15.1% year over year
Redfin, through May 2026
Days on market
30
Average pace
Redfin, through May 2026
Active listings
81
3.1 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$53,005
Home costs 2.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.4%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and 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 Alton a buyer's or seller's market?
Balanced market3.1 months of supply30 days on market98.4% of asking
Alton, IL is a balanced market, based on 3.1 months of supply and homes selling in about 30 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Alton housing market data show?
Every row below is Redfin's final published month for Alton, IL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $152,500 |
| Median list price | $130,000 |
| Year-over-year price change | +15.1% |
| Median price per sq ft | $103/sq ft |
| Median days on market | 30 days |
| Active inventory | 81 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 98.4% |
| Homes sold (that month) | 26 |
| New listings (that month) | 38 |
| Listings with a price cut | 14.8% |
| Market condition | Balanced 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 Alton is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Alton 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 Alton home prices moved?
Over the last three years the median sale price in Alton, IL rose 27.1%, from $120,000 to $152,500. The live Zillow value series has rose 3.4% in the last 12 months, which is the more current read now that Redfin's series has stopped. 14.8% of Alton listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.1 months while the sale-to-list ratio slips below its current 98.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Alton?
Priced off the typical home value of $104,934 at the current 7.03% 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% | $20,987 | $83,947 | $560/mo |
| 5% | $5,247 | $99,687 | $665/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 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 $560, that implies roughly $24,008 a year before you add taxes and insurance. The median household in Alton earns $53,005, about $28,997 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.0x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Alton in the next 12 months?
Tell us your timeline. We send the Alton 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 Alton?
Typical asking rent in Alton, IL is $1,019/mo, against a typical home value of $104,934. That is a price-to-rent ratio of 8.6x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $560 a month — $459 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Alton?
Active listings in Alton, IL went from 79 in May 2025 to 81 in May 2026, a +2.5% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 91 | 39 |
| July 2025 | 94 | 40 |
| August 2025 | 77 | 39 |
| September 2025 | 80 | 35 |
| October 2025 | 86 | 40 |
| November 2025 | 90 | 32 |
| December 2025 | 83 | 29 |
| January 2026 | 78 | 21 |
| February 2026 | 74 | 32 |
| March 2026 | 66 | 31 |
| April 2026 | 78 | 45 |
| May 2026 | 81 | 38 |
Redfin, through May 2026
How does Alton compare to Illinois and the U.S.?
Alton homes sell for $152,500 — 55% below the Illinois median of $337,900. Against the national median of $410,700, Alton runs 63% lower. Year-over-year, Alton moved +15.1% against Illinois's +5.9% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Alton, IL | $152,500 | +15.1% | 30 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Alton
What buyers should watch
- Months of supply, currently 3.1. 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 14.8%. 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 $105 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $104,934 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 Alton listing goes under contract in 30 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 98.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Alton added 38 new listings against 26 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +3.4% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Alton varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Alton
There are currently 81 homes listed for sale in Alton, Illinois. The median listing price is $130K. Featured listings range from $49,900 to $410,000.
$55,000
4021 Alby St
Alton, IL
3 bd2 ba2,044 sqft$27/ft²
House5,998 sqft lot
View photos & details
$65,000
1416 Milton Rd
Alton, IL
4 bd2 ba1,026 sqft$63/ft²
House5,502 sqft lot
View photos & details
$69,900
1000 Willard Ave
Alton, IL
2 bd1 ba672 sqft$104/ft²
House3,999 sqft lot
View photos & details
$109,000
3305 Fernwood Ave
Alton, IL
3 bd1 ba1,196 sqft$91/ft²
House7,200 sqft lot
View photos & details
$137,500
1913 State St
Alton, IL
2 bd1 ba1,023 sqft$134/ft²
House6,299 sqft lot
View photos & details
$154,900
2425 LA Salle Dr
Alton, IL
3 bd1 ba1,113 sqft$139/ft²
House8,843 sqft lot
View photos & details
$169,900
4821 Wick Mor Dr
Alton, IL
2 bd2 ba1,296 sqft$131/ft²
House20,704 sqft lot
View photos & details
$169,900
1926 Terrace Dr
Alton, IL
3 bd2 ba1,092 sqft$156/ft²
House10,498 sqft lot
View photos & details
$199,500
736 Washington Ave
Alton, IL
3 bd2 ba1,893 sqft$105/ft²
House10,890 sqft lot
View photos & details
$229,900
3210 Leverett Ct
Alton, IL
2 bd2 ba1,300 sqft$177/ft²
House8,773 sqft lot
View photos & details
$410,000
4511 Moonlight Way
Alton, IL
3 bd3 ba1,980 sqft$207/ft²
House13,225 sqft lot
View photos & details
Looking to buy in Alton?
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Active listings
81
Homes on market
Median list price
$130K
Avg. days on market
30
Days until sale
New this week
38
Newly listed
Price drops:14.8%of listings
Sale-to-list:98.4%
How much do homes cost in Alton by property type?
How the Alton, IL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $153,000 | $103/sq ft | 25 | 29 days |
| Condo / co-op | $116,000 | $156/sq ft | 1 | 83 days |
| Townhouse | $113,001 | $130/sq ft | 1 | 4 days |
Who lives in Alton?
American Community Survey estimates for Alton. U.S. Census ACS, 2023
Population
25,430
Households
10,811
Median income
$53,005/yr
Median age
38.4 years
Owner-occupied
57.1%
Median home value
$99,500
Median gross rent
$948/mo
Mean commute
23.7 min
57.1% of occupied homes in Alton 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. The Census self-reported median home value is $99,500 against Zillow's $104,934 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $948/mo, below Zillow's $1,019/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Alton?
8 schools tracked · 4,411 students
The largest public schools serving Alton, 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.
Alton High School
Grades 9-12 · 1,909 students
Alton Middle School
Grades 6-8 · 1,219 students
East Elementary School
Grades 3-5 · 440 students
West Elementary School
Grades 2-5 · 418 students
Lovejoy Elem School
Grades K-2 · 234 students
Eunice Smith Elem School
Grades K-2 · 191 students
Mark Twain
Grades K-12
Journeys School
Grades 7-12
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 Alton, IL?
Ordered by distance from Alton, not by size. Compare Alton side by side with any of them.
Alton housing market FAQ
Is Alton a buyer's or seller's market?
Alton, IL is currently a balanced market. That read comes from 3.1 months of supply, homes going under contract in about 30 days, and sellers getting 98.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Alton?
The typical home in Alton, IL is worth $104,934 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $152,500, about $103 per square foot.
Is Alton cheaper than the rest of Illinois?
Alton's median sale price of $152,500 is 55% lower than the Illinois statewide median of $337,900, and 63% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Alton?
Homes in Alton, IL spent a median of 30 days on market before going under contract, versus 43 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Alton?
At the current 30-year fixed rate of 7.03%, 20% down on a $104,934 home is about $560 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $24,008 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $53,005.
Are home prices rising in Alton?
The typical home value in Alton, IL rose 3.4% over the last 12 months, from $101,493 to $104,934 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Alton?
Alton 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 Alton?
That depends on your timeline, not on a headline. What the data says today: Alton, IL is a balanced market with 3.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 8.6x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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