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Thursday, April 25, 2024

O'Fallon home prices rise in December 2018

Realestate5

The median sale price of a home sold in December 2018 in O'Fallon rose by $37,500 while total sales decreased by 26.3%, according to BlockShopper.com.

In December 2018, there were 28 homes sold, with a median sale price of $216,500 - a 20.9% increase over the $179,000 median sale price for the same period of the previous year. There were 38 homes sold in O'Fallon in December 2017.

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 December 2018.

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

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Miller12-50%$229,900$135,50069.7%
Briar Hill110%$225,000$15,0001400%
O'Fallon2838-26.3%$216,500$179,00020.9%
Mascoutah8714.3%$168,250$176,000-4.4%
Smithton6450%$168,175$187,250-10.2%
Millstadt23-33.3%$153,750$212,500-27.6%
Shiloh1217-29.4%$144,250$190,000-24.1%
Collinsville31200%$138,500$178,000-22.2%
Swansea1320-35%$135,000$169,500-20.4%
Freeburg510-50%$133,000$162,500-18.2%
Lebanon330%$119,000$104,00014.4%

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