Is Altamont, MO 64620 a buyer’s or seller’s market?
Altamont is a seller’s market. With about 3.2 months of supply and 100% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Altamont housing market right now
In the three months ending August 31, 2026, 100% of homes in Altamont, MO 64620 sold above their list price, the typical home went under contract in 66 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (190 days then) and the median sale price fell 69% to $589,745. Overall, Altamont is more competitive than a year ago, so tougher for buyers.
Within Daviess County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Winston 64689 (0% sold over asking) or Jamesport 64648 (0% sold over asking).
Run the numbers for 64620
Nearby markets
Gallatin 64640Balanced $186 /sq ftJameson 64647Seller’s market $268 /sq ftJamesport 64648 $145 /sq ftPattonsburg 64670 — /sq ft Browse all markets →Where Altamont is
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Questions about Altamont real estate
Is Altamont a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Altamont, MO 64620 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 Altamont?
The typical home went under contract in 66 days in the latest three months.
Do homes in Altamont sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 103.7% of the list price.
What are property taxes in Altamont?
About 0.66% of a home’s value a year in Daviess County, or roughly $2,640 on a $400,000 home.
What is the median home price in Altamont?
The median sale price was $589,745 in the three months ending August 31, 2026, about $178 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