Is East Alton, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Alton has remained a Seller's Market.
Housing Prices in East Alton, IL
How much do homes in East Alton, IL cost?
Median Sold Price
$133,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Alton was $133,000 in April 2024, up 36.6% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $57.5K | $20K | -65.2% |
2 Bedrooms | $72K | $100K | +38.9% |
3 Bedrooms | $138K | $158.4K | +14.8% |
4 Bedrooms | $170.7K | $175K | +2.5% |
5+ Bedrooms | $185K | $169.5K | -8.4% |
Summary: East Alton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.2%, 2 bedroom homes increased by 38.9%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Cities
East Alton | $97.4K | $133K | +36.6% |
Wood River | $99.2K | $116K | +16.9% |
Wood River Township | $109K | $125.1K | +14.8% |
Alton | $105K | $118.2K | +12.6% |
Housing Supply in East Alton, IL
How many homes are available in East Alton, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 39 | +34.5% |
Summary: The East Alton real estate market had 39 homes for sale in April 2024, a 34.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 11 | 20 | +81.8% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Alton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 81.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in East Alton in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for East Alton, IL
How long does it take to sell a home in East Alton, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 52 Days | +6.6% |
Summary: Homes in East Alton had an average of 52 days on market in Apr 2024, up by 6.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in East Alton; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.