foreclosure.com

Rent To Own Homes in Altamont, IL

Search within map
Displaying 1 - 1 of 1
 
More real estate for sale

Other cities with foreclosures
Zip codes

Home Value Estimator For Altamont, IL

There are currently 1,290 real estate properties in Altamont, IL, with a median automated valuation model (AVM) price of $147,762.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Altamont, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Altamont, IL, is $174,222.00, with the most expensive house in Altamont, IL, topping out at $1,580,100.00 and the cheapest home in Altamont, IL, clocking in at $11,066.00. In other words, there’s something for every potential homebuyer or savvy investor in Altamont, IL!


Rent Prices In Altamont, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Altamont, IL, is on a rollercoaster ride. The average rent price in Altamont, IL, is $1,176.00. Indeed, when looking to rent in Altamont, IL, you can expect to pay as little as $640.00 or as much as $2,310.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Altamont, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Altamont, IL In 2024

Altamont is located in Effingham, Illinois, with an estimated municipal population of 2,339 residents. All of the best foreclosed homes for sale in Altamont are located in the following zip code areas on Foreclosure.com: 62411. The estimated population per square kilometer (.62 miles) in Altamont is 637.


Cost Of Living In Altamont, IL

So, about how much do homes cost in Altamont? The most recent median value of resident-owned homes in Altamont is 97,168. An estimated 68.8 percent of households in Altamont own their homes, with an average family size of 2.77. The median household income in Altamont is 46,204, with12.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Altamont, the median commute time of resident workers (in minutes) is 21. And last, but certainly not least, are you looking for homes to rent in Altamont? If so, the average rent price paid by renters in Altamont is 748, according to recent statistics.


Diversity And Demographics In Altamont, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Altamont, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Altamont is 39.8, split between 50.3 percent male versus 49.7 female. The percentage of residents who report being married in Altamont is 50.3, with an average family size of 2.77.

The percentage of residents who report their race in Altamont is as follows:

White 99.7%
Black / African American 0.3%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Altamont? Or maybe you are searching for 55+ active adult communities in and/or near Altamont?

The percentage of residents who report their age in Altamont is as follows:

Under 10 13.8%
Aged 10-19 9.6%
20s 11.6%
30s 15.4%
40s 6.8%
50s 12.6%
60s 11.4%
70s 11.3%
80+ 7.5%

Best Schools In Altamont, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Altamont with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Altamont.


Pros And Cons Of Living In Altamont, Illinois

How do you know that living in -- or moving to -- Altamont is right where you need to be? Perhaps you grew up in Altamont or already live nearby; therefore, the decision to buy a home in Altamont is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Altamont for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Altamont:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Altamont.


Reasons To Move To Altamont, Illinois, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Altamont can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Altamont, meanwhile, can field multiple offers from more qualified buyers.

Altamont, IL Rent To Own Homes


Cancel

Listing types in Altamont, IL

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily!

Foreclosure.com Advantages

Many listings on Foreclosure.com are not found anywhere else. Save thousands on incredible foreclosure deals in Altamont, IL. Save up to 62% with deals in Altamont, IL.

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2024. All Rights Reserved.