January 2021: Home prices in O'Fallon increased

Medium realestate5

The median sale price of a home sold in January 2021 in O'Fallon rose by $13,400 while total sales increased by 150%, according to BlockShopper.com.

In January 2021, there were 55 homes sold, with a median sale price of $194,900 - a 7.4% increase over the $181,500 median sale price for the same period of the previous year. There were 22 homes sold in O'Fallon in January 2020.

The median sales tax in O'Fallon for the most recent year with available data, 2019, was $4,282, approximately 2.2% of the median home sale price for January 2021.

The following table compares O'Fallon to other St. Clair County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Caseyville5425%$319,144$90,000254.6%
Smithton42100%$307,000$367,450-16.5%
Shiloh131030%$238,000$214,50011%
O'Fallon5522150%$194,900$181,5007.4%
Mascoutah9812.5%$193,000$143,50034.5%
Miller20-$158,950$0-
Swansea23224.5%$154,000$148,5003.7%
St. Libory10-$153,000$0-
Collinsville52150%$128,000$75,79668.9%
Fairview Heights231553.3%$125,000$132,500-5.7%
Freeburg73133.3%$118,000$126,000-6.3%

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