O'Fallon IL Housing Market

Real Estate Agent with Equity Fifty Five Realty, LLC

O'Fallon, IL Homes for Sale

O Fallon Real Estate Overview

Today, July 1, 2010

Market View for O Fallon

Info Avg. Listing Price $219,174 Wk ending Jun 22 +$27 +0.0% w-o-w

Median Sales Price $195,000 Mar '10 - May '10 +$8,500 +4.6% y-o-y

387 Homes For Sale 0 Open Homes
310 Recently Sold 72 Foreclosures

Listing price - O Fallon

Average Listing Price $219,174 +0% w-o-w

Median Sales Price $195,000 +4.6% y-o-y

Average price/sqft $143 +2.1% y-o-y

Number of Sales 113 -10.3% y-o-y

More O Fallon Market Trends

O Fallon Summary

Average price per square foot for O Fallon IL was $143, an increase of 2.1% compared to the same period last year. The median sales price for homes in O Fallon IL for Mar 10 to May 10 was $195,000 based on 113 home sales. Compared to the same period one year ago, the median home sales price increased 4.6%, or $8,500, and the number of home sales decreased 10.3%.

There are currently 387 resale and new homes in O Fallon on Trulia, including 72 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in O Fallon IL was $219,174 for the week ending Jun 22, which was unchanged compared to the prior week.

Now is a great time to buy a home in O'Fallon, IL. Interest rates are very low and home prices are beginning to creap up.


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Paul Walker

Scott AFB IL Area Realtor
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