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East Meadows Southmore Heights

ALTAMONT, IL 62411

Real Estate Market Report  ·  Effingham County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 62411

East Meadows · Southmore Heights

Market Analysis

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

The ALTAMONT, IL real estate market (62411) currently shows 10 active listings, with 2 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 72 days on market compared to 123 days last year.

The median listing price has fallen 0.1% year-over-year, from $177,450 to $177,313.

Whether you are buying or selling in ALTAMONT, 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 Context

Market Context

Population: 4,070  ·  Density: 18.4/mi²  ·  Median household income: $71,157

Typical home value: $134,852  ·  Homeownership: 84.0%

Market Overview

Active Listings
10
⇧ 25% vs 8 last year
Pending
2
20% pending ratio
Median Price
$177,313
⇩ 0.1% vs $177,450 last year
Average Price
$277,600
⇧ 52.7% vs $181,825 last year
Days on Market
72
⇩ 41.5% vs 123 days last year

Price Per Square Foot

Median $/sqft
$112
⇩ 5.1% vs $118/sqft last year
Median Home Size
1,728 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 8 last year
  • Days on market: 72 now vs 123 last year

Median & Average Pricing

Year over Year
  • Median: $177,313 (-0.1% YoY)
  • Average: $277,600 (+52.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.1 miles — 63 listings ($12,125,079 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62411Altamont, IL 624110.0 mi12$3,194,532$183,688$266,211
62473Watson, IL 624739.4 mi1$123,500$123,500$123,500
62461Shumway, IL 624619.6 mi2$404,900$202,450$202,450
62426Edgewood, IL 6242612.1 mi1$48,000$48,000$48,000
62838Farina, IL 6283813.9 mi3$414,825$130,950$138,275
62463Stewardson, IL 6246315.9 mi2$373,900$186,950$186,950
62467Teutopolis, IL 6246716.3 mi1$178,000$178,000$178,000
62431Herrick, IL 6243118.0 mi2$308,750$154,375$154,375
62080Ramsey, IL 6208020.8 mi4$453,892$113,473$113,473
62858Louisville, IL 6285821.8 mi4$462,000$102,000$115,500
62471Vandalia, IL 6247123.0 mi28$5,442,780$154,875$194,385
62807Alma, IL 6280724.8 mi3$720,000$240,000$240,000
62892Vernon, IL 6289226.1 mi0$0$148,000$148,000

Frequently Asked Questions

How many homes are for sale in ALTAMONT, IL 62411?

As of March 2026, there are 10 active listings in ALTAMONT, IL (zip code 62411), compared to 8 the prior year.

What is the median home price in ALTAMONT, IL 62411?

The median listing price in ALTAMONT, IL 62411 is $177,313 as of March 2026, a 0.1% decrease from $177,450 the prior year.

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

Homes in ALTAMONT, IL 62411 spend an average of 72 days on the market before going under contract, compared to 123 days the prior year.

Is it a seller's or buyer's market in ALTAMONT, IL 62411?

Based on current inventory and days-on-market data as of March 2026, ALTAMONT, IL 62411 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 72 days on market compared to 123 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALTAMONT, IL 62411 save an estimated $3,546 compared to a typical 5% commission on the median listing price of $177,313. 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.