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Metro East Sun

Tuesday, November 26, 2024

O'Fallon home prices rise in December 2017

Realestate2

The median sale price of a home sold in December 2017 in O'Fallon rose by $29,000 while total sales decreased by 15.6%, according to BlockShopper.com.

In December 2017, there were 38 homes sold, with a median sale price of $179,000 - a 19.3% increase over the $150,000 median sale price for the same period of the previous year. There were 45 homes sold in O'Fallon in December 2016.

The median sales tax in O'Fallon for the most recent year with available data, 2016, was $4,355, approximately 2.4% of the median home sale price for December 2017.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Millstadt35-40%$212,500$132,00061%
Shiloh171070%$190,000$175,7508.1%
Smithton48-50%$187,250$191,250-2.1%
O'Fallon3845-15.6%$179,000$150,00019.3%
Collinsville13-66.7%$178,000$165,0007.9%
Mascoutah718-61.1%$176,000$191,250-8%
Swansea2021-4.8%$169,500$165,0002.7%
Freeburg10742.9%$162,500$165,000-1.5%
Miller21100%$135,500$121,00012%
Fairview Heights26254%$106,000$117,000-9.4%
Lebanon38-62.5%$104,000$140,500-26%

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