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Alton, IL 62002 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Alton, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 3030PendingPending sales: 22
Alton, IL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $122k$122kSoldMedian sold price (last 6 months): $124k$124k
What homes actually sell for in Alton, IL
Distribution of 239 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $75k to $195k
$25k to $72k: 45 sales$25k$72k to $119k: 53 sales53sales$119k to $166k: 53 sales$119k$166k to $212k: 32 sales$212k to $259k: 15 sales$212k$259k to $306k: 7 sales$306k to $353k: 6 sales$306k$353k to $400k: 4 salesMedian $124k

What the numbers say

As of October 5, 2026, Resideline is tracking 30 active listings and 2 pending sales in ZIP code 62002. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $122,450, while the median of the 239 closed sales Resideline tracked over the last six months was $123,501. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 62002 for 106 days.

Frequently asked questions

What is the median home price in 62002?

The median closed sale price in Alton, IL 62002 was $123,501 over the last six months, based on 239 closed sales tracked by Resideline. The middle half of those sales ranged from $75,000 to $195,000.

Is 62002 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 30 active listings in 62002, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 62002 currently looks like a balanced market.

Nearby ZIP code market data

Full Alton, IL housing market report →

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