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Sunday, November 24, 2024

O'Fallon home prices rise in August 2018

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The median sale price of a home sold in August 2018 in O'Fallon rose by $6,000 while total sales decreased by 7.8%, according to BlockShopper.com.

In August 2018, there were 59 homes sold, with a median sale price of $200,000 - a 3.1% increase over the $194,000 median sale price for the same period of the previous year. There were 64 homes sold in O'Fallon in August 2017.

The median sales tax in O'Fallon for the most recent year with available data, 2016, was $4,355, approximately 2.2% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Freeburg7475%$210,500$161,25030.5%
O'Fallon5964-7.8%$200,000$194,0003.1%
Smithton141040%$198,250$161,50022.8%
Millstadt510-50%$174,000$222,500-21.8%
Shiloh272128.6%$165,000$191,500-13.8%
Mascoutah241926.3%$160,500$175,000-8.3%
Swansea1619-15.8%$156,000$180,000-13.3%
Miller12-50%$154,900$176,500-12.2%
Fairview Heights422661.5%$113,850$129,750-12.3%
Belleville107112-4.5%$99,000$102,500-3.4%
Lebanon89-11.1%$94,147.75$150,000-37.2%

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