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Rent To Own Homes in Alton, IL 62002

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Alton, IL Foreclosures

How much do homes sell for in Alton, IL?
The average home price is currently $159,150.
In Alton, IL, how many homes are available?
There are currently 52 active home listings available in Alton.
What’s the average rental cost in Alton, IL?
The average rental price in Alton is $998.
What is the most expensive home in Alton?
The most expensive home sold in Alton had a price of $16,998,130.
What is currently the cheapest priced home in Alton, IL?
The cheapest home for sale in Alton is priced at $10,329.

Living in Alton, IL

Alton is a charming city located along the banks of the Mississippi River in Madison County, Illinois. Known for its rich history, Alton offers a blend of beautiful scenery, historic architecture, and a vibrant community. The city features a variety of parks, restaurants, and local shops, making it an inviting place to live for families and individuals alike.

Current Market Conditions in Alton, IL

The real estate market in Alton has shown stable growth over the past year, with home values experiencing a modest increase. The affordable housing market attracts first-time homebuyers and investors alike, as many homes are priced below the national average. The community's charm and accessibility make it an attractive option for those looking to relocate.

Trends indicate a steady demand for housing in Alton, with a lower inventory of homes available for sale. Buyers are faced with bidding wars on desirable properties, reflecting a competitive market. Alton’s scenic views and historical significance continue to entice new residents.

Home Value Estimator For Alton, IL

There are currently 13,174 real estate properties in Alton, IL, with a median automated valuation model (AVM) price of $117,616.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alton, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Alton, IL, is $159,150.00, with the most expensive house in Alton, IL, topping out at $16,998,130.00 and the cheapest home in Alton, IL, clocking in at $10,329.00. In other words, there’s something for every potential homebuyer or savvy investor in Alton, IL!

Rent Prices In Alton, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alton, IL, is on a rollercoaster ride. The average rent price in Alton, IL, is $998.00. Indeed, when looking to rent in Alton, IL, you can expect to pay as little as $570.00 or as much as $2,870.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Alton, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Alton, IL 62002 Rent To Own Homes


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