Housing in O'Fallon, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$337,500

Median List Price

$325,000

Price Per Sq Ft

$145

Days on Market

45

Active Inventory

72

Months of Supply

3.3

Seller's market

Price Trends

Source: Redfin
Sale Price 12.1%List Price 7.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

18.2%

Off Market in 2 Weeks

46.7%

Sale-to-List Ratio

98.0%

Buyer's market

Sold Above Asking
18.2%
Under Contract in 2 Wks
46.7%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

22

New Listings

35

Homes Sold 59.3%New Listings 34.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$145

Median List $/SF

$154

Sale $/SF 1.4%List $/SF 6.9%Mar 24Jan 26

O'Fallon vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. O'Fallon is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$274,100

Median Rent

$1,312

Total Housing Units

13,152

Vacancy Rate

5.3%

Owner Occupied

70.9%

Renter Occupied

29.1%

Median Property Tax

$5,759

per year

Monthly Cost (w/ Mortgage)

$1,794

Housing Types

Single Family
77.3%
Multi-Family
20.4%
Mobile Home
2.3%

The current median sale price in O'Fallon, IL is $337,500 according to Redfin data. Homes spend a median of 45 days on the market. 18.2% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $145. The median rent is $1,312 per month (Census ACS). About 70.9% of housing units are owner-occupied. The median year homes were built is 1995. There are 13,152 total housing units.