O'FALLON HOUSING MARKET INFORMATION With a population of 94,074, 34,749 total housing units (homes and apartments), and a median house value of $439,555, O'Fallon real estate is some of the most expensive in Missouri, although O'Fallon home values aren't among America's most expensive. Single-family detached homes are the single most common housing type in O'Fallon, accounting for 74.46% of the city's housing units. Other types of housing that are prevalent in O'Fallon include large apartment complexes or high rise apartments ( 10.66%), row houses and other attached homes ( 9.19%), and a few mobile homes or trailers ( 3.26%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in O'Fallon. Owner-occupied housing accounts for 79.83% of O'Fallon's homes, and 71.94% have either three or four bedrooms, which is average sized relative to America. O'Fallon homes and real estate are some of the newest in America. 48.98% of O'Fallon's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the O'Fallon real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.74%), and between 1940-1969 ( 5.57%). O'FALLON HOME APPRECIATION RATES Appreciation rates for homes in O'Fallon have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 101.34%, which ranks in the top 40% nationwide. This equates to an annual average O'Fallon house appreciation rate of 7.25%. 蘑菇视频's data show that during the latest twelve months, O'Fallon's appreciation rate, at 7.81%, has been at or slightly above the national average. In the latest quarter, O'Fallon's appreciation rate has been 1.54%, which annualizes to a rate of 6.32%. Relative to Missouri, our data show that O'Fallon's latest annual appreciation rate is higher than 80% of the other cities and towns in Missouri. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within O'Fallon differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in O'Fallon - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best O'Fallon real estate investment or home purchase decisions.