The O'Fallon housing market is very competitive. Homes in O'Fallon receive 3 offers on average and sell in around 6 days. The median sale price of a home in O'Fallon was $375K last month, up 16.7% since last year. The median sale price per square foot in O'Fallon is $185, up 3.4% since last year.
What is the housing market like in O'Fallon today?
In March 2024, O'Fallon home prices were up 16.7% compared to last year, selling for a median price of $375K. On average, homes in O'Fallon sell after 6 days on the market compared to 5 days last year. There were 91 homes sold in March this year, down from 100 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,000
+16.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
O'Fallon, MO
$375,000
+16.7%
United States
To compare other locations to the O'Fallon and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. O'Fallon's median sale price is 9% lower than the national average. Overall cost of living in O'Fallon is 1% lower than the national average. Learn which home features in O'Fallon add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the O'Fallon housing market?
O'Fallon is very competitive. Homes sell in 8.5 days.
0
100
82
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 9 days.
Hot homes
can sell for about 4% above list price and go pending in around 3 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for O'Fallon
Explore recent offers and recently sold homes in O'Fallon
Recent offers
Offer Not Accepted|
4 Weeks Ago
~$275K Offer
Sold for $275K
3bd | 2.5ba | ~1,250sqft
Over List Price
5%
Days on Market
4
Competing Offers
4
Down Payment
—
Yuliana Erazo
O'Fallon Redfin Agent
This property ended up with 7 offers, which were all well above the asking price. Some waived Appraisal or had appraisal gaps. And some waived inspections and/or repairs.
…
More
Offer Not Accepted|
6 Weeks Ago
~$225K Offer
Sold for $250K
2bd | 3.5ba | ~1,750sqft
Over List Price
0%
Days on Market
2
Competing Offers
8
Down Payment
~10%
Doug Muensterman
O'Fallon Redfin Agent
Offer included an escalation clause and limited inspection contingency, waived appraisal. In the end seller accepted an offer in the mid 250 range and they waived everything. …
More
Offer Not Accepted|
7 Weeks Ago
~$200K Offer
Sold for $200K
2bd | 2ba | ~1,000sqft
Over List Price
0%
Days on Market
38
Competing Offers
3
Down Payment
~20%
Doug Muensterman
O'Fallon Redfin Agent
Waived Inspections, Appraisal, Contingent upon Financing. Offered 200K and escalated up to 206K but lost on price. Listing agent said the offer was a close second.…
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Warren Elementary School
Public • K-5
887
Students
3 reviews
8/10
John Weldon Elementary School
Public • PreK-5
728
Students
8 reviews
8/10
Twin Chimneys Elementary School
Public • K-5
488
Students
9 reviews
8/10
Pheasant Point Elementary School
Public • K-5
490
Students
7 reviews
8/10
Ostmann Elementary School
Public • K-5
365
Students
8 reviews
Only showing 5 of
21 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on O'Fallon housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in O'Fallon.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
O'Fallon has a moderate risk of flooding. 3,412 properties in O'Fallon are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in O'Fallon. Flood risk is increasing slower than the national average.
39% of properties are at risk of wildfire over the next 30 years
Fire Factor
O'Fallon has a moderate risk of wildfire. There are 13,021 properties in O'Fallon that have some risk of being affected by wildfire over the next 30 years. This represents 39% of all properties in O'Fallon.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
O'Fallon has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. O'Fallon is most at risk from hurricanes. 32,922 properties in O'Fallon have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 49 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 58 mph.