Quantcast

Metro East Sun

Wednesday, August 6, 2025

O'Fallon home prices fall in the fourth quarter of 2018

Re 2

The median sale price of a home sold in the fourth quarter of 2018 in O'Fallon fell by $17,500 while total sales decreased by 7.3%, according to BlockShopper.com.

From October through December of 2018, there were 114 homes sold, with a median sale price of $185,000 - a 8.6% decrease over the $202,500 median sale price for the same period of the previous year. There were 123 homes sold in O'Fallon in the fourth quarter of 2017.

The median sales tax in O'Fallon for the most recent year with available data, 2016, was $4,354.60, approximately 2.4% of the median home sale price for the fourth quarter of 2018.

The following table compares O'Fallon to other St. Clair County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Miller15-80%$229,900$188,00022.3%
Briar Hill220%$212,500$49,000333.7%
Shiloh4144-6.8%$186,000$211,250-12%
O'Fallon114123-7.3%$185,000$202,500-8.6%
Smithton211450%$170,000$184,750-8%
Mascoutah392839.3%$164,000$164,250-0.2%
St. Libory12-50%$162,500$109,75048.1%
Millstadt1620-20%$150,500$148,0001.7%
East Carondelet110%$149,000$11,0001254.5%
Freeburg1824-25%$136,250$156,000-12.7%
Swansea52504%$132,500$153,500-13.7%

MORE NEWS