$10,000
101 S Station St
Altona, IL
Land20,473 sqft lot
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Altona, IL Housing Market
Leaning buyer's+17.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through March 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Altona, IL is worth $132,685, rose 17.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $90,000, +221.4% year over year (through May 2026). With homes going under contract in about 73 days, Altona is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $132,685 home is about $708/mo in principal and interest.
Key numbers for Altona, IL
Typical home value
$132,685
+17.5% in 12 months
Zillow, August 2026
Median sale price
$90,000
+221.4% year over year
Redfin, through March 2026
Days on market
73
Slow-moving
Redfin, through March 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$67,125
Home costs 2.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.9%
Selling below asking
Redfin, through March 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 Altona a buyer's or seller's market?
Leaning buyer's73 days on market97.9% of asking
Altona, IL is a leaning buyer's and homes selling in about 73 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Altona housing market data show?
Every row below is Redfin's final published month for Altona, IL. Redfin, through March 2026
| Metric | Value |
|---|---|
| Median sale price | $90,000 |
| Year-over-year price change | +221.4% |
| Median price per sq ft | $79/sq ft |
| Median days on market | 73 days |
| Sale-to-list price ratio | 97.9% |
| Homes sold (that month) | 1 |
| Market condition | Leaning buyer's |
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 Altona is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Altona 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 Altona home prices moved?
Across the 19 months we hold for Altona, IL, the median sale price rose 36.4%, from $66,000 in April 2021 to $90,000. The live Zillow value series has rose 17.5% in the last 12 months, which is the more current read now that Redfin's series has stopped.
Redfin, through March 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Altona?
Priced off the typical home value of $132,685 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% | $26,537 | $106,148 | $708/mo |
| 5% | $6,634 | $126,051 | $841/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 $708, that implies roughly $30,358 a year before you add taxes and insurance. The median household in Altona earns $67,125, about $36,767 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 Altona in the next 12 months?
Tell us your timeline. We send the Altona 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 Altona?
Zillow does not publish a rent index (ZORI) for Altona, IL, 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 Altona?
Active listings in Altona, IL went from 1 in June 2021 to 1 in March 2025, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2021 | 1 | not published |
| January 2022 | 1 | 1 |
| April 2022 | 2 | not published |
| June 2022 | 2 | 1 |
| July 2022 | 1 | 1 |
| February 2023 | 3 | 1 |
| March 2023 | 2 | not published |
| May 2023 | 3 | 1 |
| June 2023 | 1 | 1 |
| August 2024 | 1 | 1 |
| March 2025 | 1 | 1 |
Redfin, through March 2025
How does Altona compare to Illinois and the U.S.?
Altona homes sell for $90,000 — 73% below the Illinois median of $337,900. Against the national median of $410,700, Altona runs 78% lower. Year-over-year, Altona moved +221.4% against Illinois's +5.9% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Altona, IL | $90,000 | +221.4% | 73 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through March 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Altona
What buyers should watch
- The gap between 5% and 20% down here is $133 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 $132,685 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 Altona listing goes under contract in 73 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 97.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved +17.5% 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 Altona varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Altona
Explore homes currently listed for sale in Altona, Illinois across major real estate platforms.
$91,900
103 Johnson Pyle Dr
Altona, IL
3 bd1 ba1,140 sqft$81/ft²
House
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Sale-to-list:97.9%
How much do homes cost in Altona by property type?
How the Altona, IL market breaks down across single-family homes, condos and townhouses. Redfin, through March 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $90,000 | $79/sq ft | 1 | 73 days |
Who lives in Altona?
American Community Survey estimates for Altona. U.S. Census ACS, 2023
Population
519
Households
203
Median income
$67,125/yr
Median age
40.4 years
Owner-occupied
92.6%
Median home value
$89,200
Median gross rent
$944/mo
Mean commute
22.3 min
92.6% of occupied homes in Altona 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 $89,200 against Zillow's $132,685 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Altona, IL?
Ordered by distance from Altona, not by size. Compare Altona side by side with any of them.
Altona housing market FAQ
Is Altona a buyer's or seller's market?
Altona, IL is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Altona?
The typical home in Altona, IL is worth $132,685 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $90,000, about $79 per square foot.
Is Altona cheaper than the rest of Illinois?
Altona's median sale price of $90,000 is 73% lower than the Illinois statewide median of $337,900, and 78% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Altona?
Homes in Altona, IL spent a median of 73 days on market before going under contract, versus 43 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 Altona?
At the current 30-year fixed rate of 7.03%, 20% down on a $132,685 home is about $708 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $30,358 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $67,125.
Are home prices rising in Altona?
The typical home value in Altona, IL rose 17.5% over the last 12 months, from $112,902 to $132,685 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Altona?
Altona 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 Altona?
That depends on your timeline, not on a headline. What the data says today: Altona, IL is a leaning buyer's, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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