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Short Sale Listings in O Fallon, IL

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O Fallon, IL Foreclosures

How much do homes sell for in O Fallon, IL?
The average home price is currently $355,602.
In O Fallon, IL, how many homes are available?
There are currently 35 active home listings available in O Fallon.
What’s the average rental cost in O Fallon, IL?
The average rental price in O Fallon is $1,471.
What is the most expensive home in O Fallon?
The most expensive home sold in O Fallon had a price of $23,290,318.
What is currently the cheapest priced home in O Fallon, IL?
The cheapest home for sale in O Fallon is priced at $10,070.

Living in O Fallon, IL

O'Fallon, Illinois, is a charming suburban community located just outside of St. Louis, Missouri. Known for its family-friendly atmosphere, O'Fallon offers a range of amenities including parks, restaurants, and a strong school district. With its vibrant neighborhoods and easy access to urban attractions, it's an ideal place for both families and young professionals.

Current Market Conditions in O Fallon, IL

The O'Fallon real estate market is currently experiencing a strong demand, characterized by a competitive environment where homes often sell quickly. The community's appeal, coupled with its proximity to St. Louis, continues to draw families and young professionals alike.

Home values in O'Fallon have appreciated consistently, reflecting the area's growing popularity. The neighborhood's amenities and quality of life contribute significantly to the rising market values.

Home Value Estimator For O Fallon, IL

There are currently 12,518 real estate properties in O Fallon, IL, with a median automated valuation model (AVM) price of $316,306.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in O Fallon, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in O Fallon, IL, is $355,602.00, with the most expensive house in O Fallon, IL, topping out at $23,290,318.00 and the cheapest home in O Fallon, IL, clocking in at $10,070.00. In other words, there’s something for every potential homebuyer or savvy investor in O Fallon, IL!

Rent Prices In O Fallon, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in O Fallon, IL, is on a rollercoaster ride. The average rent price in O Fallon, IL, is $1,471.00. Indeed, when looking to rent in O Fallon, IL, you can expect to pay as little as $600.00 or as much as $3,580.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in O Fallon, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

O Fallon, IL Short Sale Listings

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