O Fallon, MO Foreclosures
How much do homes sell for in O Fallon, MO?
The average home price is currently $382,251.
What’s the average rental cost in O Fallon, MO?
The average rental price in O Fallon is $1,608.
What is the most expensive home in O Fallon?
The most expensive home sold in O Fallon had a price of $18,172,376.
What is currently the cheapest priced home in O Fallon, MO?
The cheapest home for sale in O Fallon is priced at $13,251.
Living in O Fallon, MO
O'Fallon, MO, is a suburban city located in St. Charles County, known for its strong community spirit and family-friendly amenities. The area features excellent schools, abundant parks, and convenient access to urban destinations. Residents enjoy a wide range of outdoor activities and community events, making O'Fallon a desirable place to live.
Current Market Conditions in O Fallon, MO
The real estate market in O'Fallon, MO is currently witnessing a steady demand, driven by its convenient location and quality of life. Home prices have shown a consistent increase, reflecting the area's desirability as families and professionals seek housing in suburban environments with access to urban amenities.
Historically, O'Fallon has maintained a balanced market, but recent trends indicate an uptick in home purchases as interest rates stabilize. The variety of available properties, from single-family homes to townhouses, caters to different demographics, attracting both first-time buyers and investors.
Home Value Estimator For O Fallon, MO
There are currently 29,310 real estate properties
in O Fallon, MO,
with a median automated valuation model (AVM) price
of $364,406.00. 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, MO, 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, MO,
is $382,251.00, with the most expensive house
in O Fallon, MO, topping out
at $18,172,376.00 and the cheapest home
in O Fallon, MO,
clocking in at $13,251.00. In other words, there’s
something for every potential homebuyer
or savvy investor in O Fallon, MO!
Rent Prices
In O Fallon, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in O Fallon, MO, is on
a rollercoaster ride. The
average rent price in O Fallon, MO,
is $1,608.00. Indeed, when looking to rent in
O Fallon, MO, you can expect to pay as little
as $660.00 or as much
as $3,520.00,
with the average rent median estimated to
be $1,570.00. The good news is that finding
an affordable and desirable property to rent in O Fallon, MO
-- 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.
Learn more on Foreclosure homes
