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ALTON, IL 62002

Real Estate Market Report  ·  Madison County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
103
⇧ 39.2% vs 74 last year
Pending
38
37% pending ratio
Median Price
$124,950
⇩ 15% vs $147,000 last year
Average Price
$163,200
⇧ 4.1% vs $156,703 last year
Days on Market
60
⇩ 22.1% vs 77 days last year

Market Context

Population: 30,166  ·  Density: 282.2/mi²  ·  Median household income: $55,041

Typical home value: $108,357  ·  Homeownership: 63.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ALTON, IL real estate market (62002) currently shows 103 active listings, with 38 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 77 days last year.

The median listing price has fallen 15% year-over-year, from $147,000 to $124,950.

Whether you are buying or selling in ALTON, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 103 this year vs 74 last year
  • Days on market: 60 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $124,950 (-15% YoY)
  • Average: $163,200 (+4.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.3 miles — 501 listings ($136,898,053 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62002Alton, IL 620020.0 mi103$16,809,600$124,950$163,200
62024East Alton, IL 620244.4 mi36$5,627,844$155,000$156,329
62095Wood River, IL 620956.0 mi13$2,357,810$159,900$181,370
63386West Alton, MO 633866.9 mi2$245,000$122,500$122,500
62067Moro, IL 620677.6 mi13$3,562,650$190,000$274,050
62087South Roxana, IL 620879.1 mi3$484,050$161,350$161,350
63034Florissant, MO 6303410.6 mi40$11,275,520$267,250$281,888
62048Hartford, IL 6204811.7 mi3$397,800$139,900$132,600
62028Elsah, IL 6202812.2 mi2$122,400$61,200$61,200
62025Edwardsville, IL 6202513.0 mi83$35,931,530$382,450$432,910
63373Portage Des Sioux, MO 6337314.4 mi4$1,438,668$350,000$359,667
63031Florissant, MO 6303114.9 mi151$37,546,301$199,900$248,651
62034Glen Carbon, IL 6203415.3 mi48$21,098,880$444,500$439,560

Frequently Asked Questions

How many homes are for sale in ALTON, IL 62002?

As of January 2026, there are 103 active listings in ALTON, IL (zip code 62002), compared to 74 the prior year.

What is the median home price in ALTON, IL 62002?

The median listing price in ALTON, IL 62002 is $124,950 as of January 2026, a 15% decrease from $147,000 the prior year.

How long do homes stay on the market in ALTON, IL?

Homes in ALTON, IL 62002 spend an average of 60 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in ALTON, IL 62002?

Based on current inventory and days-on-market data as of January 2026, ALTON, IL 62002 is currently a Balanced Market. Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 77 days last year.

How much can I save on real estate commission in ALTON, IL?

With SELL123.com's maximum 3% commission, sellers in ALTON, IL 62002 save an estimated $2,499 compared to a typical 5% commission on the median listing price of $124,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.