Market Overview
Home Prices in East Alton, IL
The median home value in East Alton, IL is $100,150 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and down 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in East Alton are priced76% below average. East Alton is part of the St. Louis, MO-IL metro area.
Over the past five years, East Alton home values have risen by approximately16.7%, reflecting steady appreciation in this market.
Price History
East Alton Home Price Trend
City Comparison
East Alton vs. National Median
At $100,150, homes in East Alton cost 76% below the national median of $410,000. This makes East Alton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in East Alton?
20% Down Payment
$20,030
on $100,150
Monthly P&I
$522/mo
30-yr @ 6.8%
Total Monthly Est.
~$663/mo
incl. taxes & insurance
Income Needed
$26,520
gross annual (30% rule)
10% Down Option
$10,015
+ PMI applies
Loan Amount (20% dn)
$80,120
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in East Alton, IL?
The median home value in East Alton is $100,150 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in East Alton?
Over the past year, home values in East Alton have increased by 2.4%. Over five years, prices have risen approximately 16.7%.
How much do I need to earn to buy a home in East Alton?
To comfortably afford the median home price of $100,150 with a 20% down payment ($20,030) at today's rates (6.8%), you'd need a gross annual income of approximately $26,520. This assumes keeping total housing costs at or below 30% of gross income.
How does East Alton compare to the national average home price?
The national median home value is approximately $410,000. At $100,150, homes in East Alton are 76% below the national average.
What metro area is East Alton part of?
East Alton is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.