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Thursday, November 28, 2024

Rising home prices in O'Fallon in February 2022

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The median sale price of a home sold in February 2022 in O'Fallon rose by $3,450 while total sales decreased by 23.1%, according to BlockShopper.com.

In February 2022, there were 20 homes sold, with a median sale price of $212,450 - a 1.7% increase over the $209,000 median sale price for the same period of the previous year. There were 26 homes sold in O'Fallon in February 2021.

The median sales tax in O'Fallon for the most recent year with available data, 2019, was $4,282, approximately 2% of the median home sale price for February 2022.

The following table compares O'Fallon to other St. Clair County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Shiloh1215-20%$259,450$185,00040.2%
Swansea1519-21.1%$230,425$180,00028%
Smithton57-28.6%$225,000$235,900-4.6%
Millstadt34-25%$214,000$372,000-42.5%
O'Fallon2026-23.1%$212,450$209,0001.7%
Mascoutah810-20%$197,000$175,45012.3%
Lebanon73133.3%$155,000$120,00029.2%
Fairview Heights1622-27.3%$152,750$138,25010.5%
Collinsville23-33.3%$141,500$116,00022%
St. Libory20-$141,500$0-
Belleville907815.4%$114,950$108,5755.9%

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