Alton home prices fall in the third quarter of 2020

Medium re 6

The median sale price of a home sold in the third quarter of 2020 in Alton fell by $10,000 while total sales decreased by 71.4%, according to

From July through September of 2020, there were 34 homes sold, with a median sale price of $62,500 - a 13.8% decrease over the $72,500 median sale price for the same period of the previous year. There were 119 homes sold in Alton in the third quarter of 2019.

The median sales tax in Alton for the most recent year with available data, 2018, was $1,606, approximately 2.6% of the median home sale price for the third quarter of 2020.

The following table compares Alton to other Madison County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Wood River858-86.2%$106,955$82,25030%
Granite City59147-59.9%$63,000$63,0000%
East Alton1021-52.4%$23,809.50$70,000-66%
South Roxana47-42.9%$16,000$68,000-76.5%
State Park Place25-60%$15,500$38,000-59.2%

Blockshopper green logo