O Fallon, IL Home Values & Market Trends
Real estate market trends reflect that there have been 611 transactions over the past year in O Fallon. The median value for residential home transactions that occurred over the previous year is $294,073.38. The number of current listings in O Fallon is 101, and the percentage of properties for sale in the city is 101.00%. O Fallon, IL currently has 33 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 101 properties for sale.
O Fallon, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62269 | $ 327,755 $ 124/sqft |
Housing Market Summary for O Fallon, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $328.8K | $276.9K | -15.79% |
| Median Sold Price | $263.3K | $276.9K | 5.17% |
| Homes For Sale | 45 | 76 | 68.89% |
| Homes Sold | 314 | 321 | 2.23% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in O Fallon, IL
Browse Homes in O Fallon, IL
O Fallon home values range from $21,159 to $4,529,046. The median estimated value of a home in O Fallon is $294,073.38. The median list price of a home is 348,800, and the total count of properties in the city is 11,644.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in O Fallon, IL with 62269 containing 31 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within O Fallon, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $514,978 in 62269 to the lowest home value of $88,532 in 62269.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in O Fallon, IL ranges from the highest value of $145,000 in 62269 to the lowest value of $145,000 in 62269. Bank owned homes and properties account for 0.01% of properties in O Fallon, IL. There is 1 zips within O Fallon, IL; 62269 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62269 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of O Fallon, IL. Auction homes and other auction properties account for 0.02% of all properties in O Fallon, IL. There is 1 zips within O Fallon, IL; of that zips, the median estimated home value for homes going to auction ranges from $255,889 in 62269 to the lowest value of $148,084 in 62269.
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