O Fallon, MO—63368
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in O Fallon, MO
Home Price Trends — O Fallon, MO
As of Oct '25, the median home price in O Fallon, MO is $407,000, with a year-over-year change of 1.3%. This indicates that home prices in O Fallon, MO are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $407,000 | 1.3% |
| Single Family | $420,000 | 1.2% |
| Condos | $306,000 | 1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $281,000 | 0.7% |
3 Bed | $358,000 | 0.8% |
4 Bed | $478,000 | 1.1% |
| 5 Bed | $573,000 | 0.7% |
% of Housing Stock
Rental Trends — O Fallon, MO
As of July '25, Rentcast reports the average rent in O Fallon, MO is $2,280, with a year-over-year rent change of 2.7%. Per bedroom, the median rent as of July '25 in O Fallon, MO is studios: $2,000, 1-bedrooms: $1,350, 2-bedrooms: $1,510, 3-bedrooms: $2,390, 4-bedrooms: $2,760. The most common rental property sizes in O Fallon, MO are 2-bedroom and 3-bedroom, accounting for 37.2% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,320 | $2,280 |
| Studio Rent | $1,500 | $2,000 |
| 1 Bed Rent | $1,340 | $1,350 |
| 2 Bed Rent | $1,520 | $1,510 |
| 3 Bed Rent | $2,340 | $2,390 |
| 4 Bed Rent | $2,650 | $2,760 |
% of Rental Stock
Property Listings — O Fallon, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in O Fallon, MO is 43. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $484,000 | 18.0% |
Listing Count | 148 | -12.0% |
| Listings as % of Homes | 0.6% | -12.0% |
Days on Market | 43 | -9.0% |
Demographics — O Fallon, MO
As of the latest ACS Survey released in 2023, O Fallon, MO has a population of 45,900, which has decreased by -2.1% over the past 5 years. O Fallon, MO is a popular place for families, as children make up 25.1% of the population. The area has a highly educated workforce, with 48.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,900 | -2.1% |
% Under 18 | 25.1% | -12.5% |
% Seniors | 13.0% | 15.0% |
% WFH | 16.4% | 141.2% |
% w/ College Degree | 48.7% | 3.4% |
As of the latest ACS Survey released in 2023, O Fallon, MO is a predominantly white area, with 83.8% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in O Fallon, MO is asian, making up 5.5% of the population. Foreign-born residents account for 6.0% of the population in O Fallon, MO, and this percentage has decreased by 3.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.8% | -0.8% |
% Black | 3.7% | -7.5% |
% Hispanic | 3.3% | 10.0% |
% Asian | 5.5% | -1.8% |
% Foreign Born | 6.0% | -3.2% |
Mortgage and Risk — O Fallon, MO
According to HUD data as of 2023, there were 379 mortgage originations in O Fallon, MO, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in O Fallon, MO. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 379 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — O Fallon, MO
As of 2024, the percent of homes in O Fallon, MO under the Section 8 program is 3.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in O Fallon, MO, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 171 |
Total Units Section 8 | 93 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,340 | $1,250 |
| 2 Bedroom | $20 | $1,520 | $1,540 |
| 3 Bedroom | -$350 | $2,340 | $1,990 |
| 4 Bedroom | -$360 | $2,650 | $2,290 |
Affordability — O Fallon, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $407,000 |
| Median Household Income | $119,000 |