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What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Altamont, IL usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Altamont, IL hold their value?
Yes, especially in fast-growing areas of Altamont, IL. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.
Home Trends in Altamont, IL
On average, homes in Altamont, IL sell after 50 days on the market compared to the national average of 58 days. The median sale price for homes in Altamont, IL over the last 12 months is $135,000, down 15% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$135,000
Median Single Family Sale Price
$140,500
Average Price Per Sq Ft
$106
Number of Homes for Sale
8
Last 12 months Home Sales
26
Months of Supply
3.70
Median List Price
$149,999
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-15%