Is Altona, IL 61414 a buyer’s or seller’s market?
Altona is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Altona housing market right now
In the three months ending August 31, 2026, 0% of homes in Altona, IL 61414 sold above their list price, the typical home went under contract in 15 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Within Knox County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Maquon 61458 (50% sold over asking) and Victoria 61485 (50% sold over asking) are even more competitive.
Run the numbers for 61414
Nearby markets
Abingdon 61410Seller’s market $79 /sq ftDahinda 61428Seller’s market $185 /sq ftEast Galesburg 61430Seller’s market $126 /sq ftGalesburg 61401Seller’s market $91 /sq ft Browse all markets →Where Altona is
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Questions about Altona real estate
Is Altona a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Altona, IL 61414 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Altona?
The typical home went under contract in 15 days in the latest three months.
Do homes in Altona sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Altona?
About 1.96% of a home’s value a year in Knox County, or roughly $7,840 on a $400,000 home.
What is the median home price in Altona?
The median sale price was $184,920 in the three months ending August 31, 2026, about $91 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology