Is Alton, MO 65606 a buyer’s or seller’s market?
Alton is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Alton housing market right now
In the three months ending August 31, 2026, 0% of homes in Alton, MO 65606 sold above their list price, the typical home went under contract in 105 days and there were 4.6 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 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (18 days then) and the median sale price fell 31% to $189,818. Overall, Alton is less competitive than a year ago, which gives buyers more room.
Run the numbers for 65606
Nearby markets
Couch 65690 — /sq ftKoshkonong 65692Buyer’s market $119 /sq ftMyrtle 65778 — /sq ftThayer 65791Buyer’s market $104 /sq ft Browse all markets →Towns like Alton nearby
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Questions about Alton real estate
Is Alton a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Alton, MO 65606 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 Alton?
The typical home went under contract in 105 days in the latest three months.
Do homes in Alton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.
What are property taxes in Alton?
About 0.55% of a home’s value a year in Oregon County, or roughly $2,200 on a $400,000 home.
What is the median home price in Alton?
The median sale price was $189,818 in the three months ending August 31, 2026, about $82 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