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Metro East Sun

Tuesday, November 26, 2024

O'Fallon home prices rise in January 2019

Realestate1

The median sale price of a home sold in January 2019 in O'Fallon rose by $31,300 while total sales decreased by 28.9%, according to BlockShopper.com.

In January 2019, there were 27 homes sold, with a median sale price of $204,000 - a 18.1% increase over the $172,700 median sale price for the same period of the previous year. There were 38 homes sold in O'Fallon in January 2018.

The median sales tax in O'Fallon for the most recent year with available data, 2016, was $4,355, approximately 2.1% of the median home sale price for January 2019.

The following table compares O'Fallon to other St. Clair County cities with similar median sales prices in January 2019:

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Smithton52150%$265,000$208,00027.4%
Freeburg4333.3%$239,250$120,00099.4%
O'Fallon2738-28.9%$204,000$172,70018.1%
Shiloh917-47.1%$186,000$230,000-19.1%
Mascoutah813-38.5%$167,750$126,00033.1%
Swansea181080%$155,950$116,65033.7%
Lebanon34-25%$155,000$166,750-7%
Collinsville72250%$135,900$106,712.5027.4%
Fairview Heights211540%$119,900$101,50018.1%
St. Libory20-$100,500$0-
Belleville6878-12.8%$86,250$90,250-4.4%

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