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Dr. Charles M. Wright HouseDr. Charles M. Wright House · Photo: Nyttend · Public domain
Housing in Altamont

24 homes sold in Altamont in the last year, at a typical $149K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Altamont homes are listed.

Homes sold
24
June 2025 to May 2026
Typical sale price
$149K
median, weighted by sales
Price per square foot
$103
Illinois $193
Paid vs. asking
96.7%
17% sold over asking
For sale now
6
May 2026 · 4 sold that month
What sold · last 12 months

Houses are 100% of Altamont’s sales, at a typical $149K

24 homes sold in the year to May 2026.

Houses$149K

typical sale · 24 sold in 12 months

Per square foot
$103IL $180
Days to sell
78
Sold over asking
17%
Listings with a price cut
40%
12 years of sales

Fewer homes sell than a decade ago, at 1.7 times the 2016 price

24 sales in the last year, against 35 in 2012 and a low of 23 in 2025. The typical sale went from $86K in 2016 to $149K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2012: 35 sold, typical $77K’122013: 35 sold, typical $80K2014: 35 sold, typical $80K’142015: 25 sold, typical $84K2016: 34 sold, typical $86K’162017: 31 sold, typical $83K2018: 24 sold, typical $108K’182019: 27 sold, typical $100K2020: 26 sold, typical $104K’202021: 32 sold, typical $97K2022: 34 sold, typical $128K’222025: 23 sold, typical $148KLast 12 months: 24 sold, typical $149KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Altamont

Houseat $103 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Altamont homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Altamont are more common than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Altamont’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 24 sales.

If you’re buying in Altamont

  • Shop in August. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
  • Offer under asking. Buyers paid 96.7% of the list price on average; 17% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 4 a month), but June is the most competitive: 34% of June sales close over asking. March has the least competition (0%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 8% sold over asking, 157 days to sellJFeb: 2 new listings a month, 6% sold over asking, 183 days to sellFMar: 2 new listings a month, 0% sold over asking, 115 days to sellMApr: 3 new listings a month, 21% sold over asking, 97 days to sellAMay: 4 new listings a month, 21% sold over asking, 160 days to sellMJun: 2 new listings a month, 34% sold over asking, 84 days to sellJJul: 3 new listings a month, 13% sold over asking, 90 days to sellJAug: 4 new listings a month, 7% sold over asking, 130 days to sellASep: 2 new listings a month, 22% sold over asking, 73 days to sellSOct: 2 new listings a month, 10% sold over asking, 72 days to sellONov: 3 new listings a month, 24% sold over asking, 137 days to sellNDec: 1 new listings a month, 17% sold over asking, 98 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Illinois

Altamont now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price17%10%34%37%
Gone within two weeksShare of homes under contract within 14 days47%5%0%46%
Listings with a price cutShare of homes for sale that cut their price40%——19%
Price paid vs. askingAverage sale price ÷ list price96.7%94%97.7%99.2%
Days to sellMedian days from listing to contract781437349
Supply

7 homes for sale on a typical day

That’s 1.3 times the 2025 low (6), 26% fewer than in 2017–19 and well under 2012’s 25.

2012: 25 for sale’122013: 14 for sale2014: 14 for sale2015: 15 for sale’152016: 16 for sale2017: 12 for sale2018: 7 for sale’182019: 10 for sale2020: 9 for sale2021: 9 for sale’212022: 8 for sale2025: 6 for saleLast 12 months: 7 for saleNow

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Altamont home costs about $949 a month

Mortgage
Property tax
Insurance
Rent

Price: Altamont’s typical sale, last 12 months. Property tax at Altamont’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Altamont is affordable on local pay is on Cost of living.

Before you buy in Altamont

Six things worth knowing

4

New listings in August

The month with the most choice. December has the fewest, about 1.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $149K home, about $2,060 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Altamont, from test results, graduation and how much students grow.

Schools in Altamont
23 min

Typical commute

The average one-way trip to work for people who live in Altamont.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Altamont, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Altamont. People who follow the town see it, and so do people comparing Altamont with their own town. No commission, no listing fee.

Questions about buying a home in Altamont

What do homes sell for in Altamont, IL?

24 homes sold in the year to May 2026 at a typical $149K, $103 a square foot.

Is Altamont a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in May 2026 and 4 sold, about 1.5 months of supply. Buyers paid 96.7% of asking on average, and 40% of listings cut their price.

When is the best time to buy in Altamont?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Altamont?

About 1.4% of a home’s value a year. On a $149K home that’s near $2,060.

Where can I see homes for sale in Altamont?

Zillow, Redfin, Realtor.com and Homes.com all carry Altamont’s MLS listings; the search links above open each one filtered to Altamont.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).