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Rent To Own Homes in O Fallon, MO

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O Fallon, MO Foreclosures

How much do homes sell for in O Fallon, MO?
The average home price is currently $386,322.
In O Fallon, MO, how many homes are available?
There are currently 6 active home listings available in O Fallon.
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 $10,744,700.
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 charming suburban city known for its family-friendly atmosphere, excellent schools, and vibrant community life. With easy access to major highways, residents enjoy a convenient commute to the St. Louis metropolitan area. The city offers numerous parks and recreational activities, creating a balanced lifestyle for both residents and visitors.

Current Market Conditions in O Fallon, MO

O'Fallon has seen a steady increase in real estate activity over the past year, with home prices trending upward due to the city's appealing lifestyle and economic growth. The demand for housing in this area remains strong as buyers seek to take advantage of its affordable options within proximity to St. Louis. Homes are selling relatively quickly, indicating a competitive market that is favorable to sellers but still offers opportunities for buyers willing to act promptly.

In recent months, the local housing market has continued to thrive, with an influx of new families moving into the area. This trend shows no signs of slowing, with new construction projects underway to meet the demand for quality housing. However, inventory levels remain low, exacerbating competition among buyers and driving up prices.

Home Value Estimator For O Fallon, MO

There are currently 29,296 real estate properties in O Fallon, MO, with a median automated valuation model (AVM) price of $369,950.00. 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 $386,322.00, with the most expensive house in O Fallon, MO, topping out at $10,744,700.00 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.

O Fallon, MO Rent To Own Homes

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