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Sunday, November 24, 2024

O'Fallon home prices rise in November 2017

Realestate4

The median sale price of a home sold in November 2017 in O'Fallon rose by $50,250 while total sales increased by 18.4%, according to BlockShopper.com.

In November 2017, there were 45 homes sold, with a median sale price of $217,500 - a 30% increase over the $167,250 median sale price for the same period of the previous year. There were 38 homes sold in O'Fallon in November 2016.

The median sales tax in O'Fallon for the most recent year with available data, 2016, was $4,355, approximately 2% of the median home sale price for November 2017.

The following table compares O'Fallon to other St. Clair County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Shiloh1013-23.1%$220,250$201,0009.6%
O'Fallon453818.4%$217,500$167,25030%
Smithton330%$180,000$85,000111.8%
Mascoutah12120%$162,000$135,50019.6%
Swansea147100%$161,500$115,00040.4%
Miller110%$157,500$160,000-1.6%
Freeburg880%$141,000$144,500-2.4%
Millstadt8633.3%$135,000$130,0003.8%
St. Libory10-$124,500$0-
Fairview Heights2730-10%$122,000$112,5008.4%
Collinsville78-12.5%$95,000$109,000-12.8%

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