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Tuesday, October 8, 2024

O'Fallon home prices fall in March 2020

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The median sale price of a home sold in March 2020 in O'Fallon fell by $10,250 while total sales increased by 9.9%, according to BlockShopper.com.

In March 2020, there were 100 homes sold, with a median sale price of $217,750 - a 4.5% decrease over the $228,000 median sale price for the same period of the previous year. There were 91 homes sold in O'Fallon in March 2019.

The median sales tax in O'Fallon for the most recent year with available data, 2015, was $2,476, approximately 1.1% of the median home sale price for March 2020.

The following table compares O'Fallon to other St. Charles County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Flint Hill10-$520,000$0-
St. Paul23-33.3%$380,000$255,00049%
Dardenne Prairie161060%$312,500$300,0004.2%
Foristell330%$272,000$272,0000%
Wentzville423810.5%$244,950$222,50010.1%
Weldon Spring412846.4%$242,000$222,5008.8%
Lake St. Louis2631-16.1%$239,000$275,000-13.1%
O'Fallon100919.9%$217,750$228,000-4.5%
St. Peters106979.3%$206,500$195,0005.9%
St. Charles7988-10.2%$195,000$173,50012.4%
Cottleville272035%$180,000$179,5000.3%

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