Alton, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Alton Neighborhoods Since 2000




Alton, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Alton Housing Market Information

With a population of 15,760, 3,840 total housing units (homes and apartments), and a median house value of $100,150, house prices in Alton are solidly below the national average.

Single-family detached homes are the single most common housing type in Alton, accounting for 73.53% of the city's housing units. Other types of housing that are prevalent in Alton include duplexes, homes converted to apartments or other small apartment buildings ( 14.38%), mobile homes or trailers ( 6.56%), and a few large apartment complexes or high rise apartments ( 4.66%).

The most prevalent building size and type in Alton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.22% owning and 35.78% renting.

There is a lot of housing in Alton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Alton built between 2000 and later ( 36.54%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.75%). There's also some housing in Alton built before 1939 ( 2.10%).

Alton Home Appreciation Rates

In the last 10 years, Alton has experienced some of the highest home appreciation rates of any community in the nation. Alton real estate appreciated 24.42% over the last ten years, which is an average annual home appreciation rate of 2.21%, putting Alton in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Alton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Alton that despite a nationwide downturn in the housing market, Alton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Alton appreciation rates continue to be some of the highest in America, at 5.79%, which is higher than appreciation rates in 72.28% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Alton. Alton appreciation rates in the latest quarter were at -0.31%, which equates to an annual appreciation rate of -1.23%.

Relative to Texas, our data show that Alton's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$100,150

Alton, TX HOME PRICES

Value Range
> $1,129,000 0.3
$846,001 - $1,129,000 1.7
$564,001 - $846,000 1.7
$451,001 - $564,000 1.1
$339,001 - $451,000 1.3
$226,001 - $339,000 5.9
$113,001 - $226,000 25.5
$57,001 - $113,000 36.4
$0 - $57,000 26.1

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
77.4639634360717 64.7859922178988

Number Of Homes And Apartments:
3,840

Alton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
67.35% 3.03% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$922 / per month

Homeownership Rate

Homeownership
Owners 64.22
Renters 35.78
Vacant 6.39

Housing Market Details

 

Age of Homes

AGE OF Alton HOMES
2000 or Newer 36.5
1970 - 1999 57.6
1940 - 1969 3.8
1939 or Older 2.1

Types of Homes

TYPE OF Alton HOMES
Single-Family 73.5
Townhomes 0.9
Small Apt. Buildings 14.4
Apt. Complexes 4.7
Mobile Homes 6.6
Other 0.0

Home Size

SIZE OF Alton HOMES
No Bedroom 0.56
1 Bedroom 5.90
2 Bedrooms 27.47
3 Bedrooms 52.54
4 Bedrooms 9.31
5 or more bedrooms 4.22