Altamont, KS67330

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$132,000
1.1% YoY Growth
Median Household Income
$61,700
5.1% 5-Year Growth
Days on Market
59
40.0% Shorter than last year
Home Price Forecast
-1.6%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Altamont, KS

As of Oct '25, Realtor.com reports that the median days on market for a home in Altamont, KS is 59. This is a decrease of -40.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$159,00014.0%
Listing Count
6-17.0%
Listings as % of Homes0.2%-17.0%
Days on Market
59-40.0%
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Demographics — Altamont, KS

As of the latest ACS Survey released in 2023, Altamont, KS has a population of 1,550, which has increased by 4.2% over the past 5 years. Altamont, KS is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,5504.2%
% Under 18
25.8%-7.2%
% Seniors
18.2%13.0%
% WFH
1.7%-66.0%
% w/ College Degree
22.9%1.3%
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Altamont, KS lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
85.8%-6.6%
% Black
0.6%200.0%
% Hispanic
1.7%-32.0%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Altamont, KS

According to HUD data as of 2023, there were 34 mortgage originations in Altamont, KS, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Altamont, KS. Investor activity is low, as 9.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
34
% Conventional Loans
65.0%
% Government Loans
35.0%
% Investor Loans
9.0%
% Second Loans
6.0%
% Cash Out Refinance
21.0%

Loan Activity

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Rentals and Section 8 — Altamont, KS

Altamont, KS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$670
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,060
4 BedroomN/AN/A$1,210

Affordability — Altamont, KS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.1
Median Home Price$132,000
Median Household Income$61,700

Altamont, KS — ZIP Code Boundary Map

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Frequently Asked Questions