O Fallon, MO—63366
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 $354,000, 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 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $354,000 | 1.3% |
| Single Family | $365,000 | 1.1% |
| Condos | $269,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $260,000 | 0.8% |
3 Bed | $336,000 | 1.2% |
4 Bed | $440,000 | 0.9% |
| 5 Bed | $502,000 | 0.2% |
% of Housing Stock
Rental Trends — O Fallon, MO
As of July '25, Rentcast reports the average rent in O Fallon, MO is $2,040, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in O Fallon, MO is 1-bedrooms: $1,170, 2-bedrooms: $1,880, 3-bedrooms: $2,140, 4-bedrooms: $2,670. The most common rental property sizes in O Fallon, MO are 2-bedroom and 3-bedroom, accounting for 47.7% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,030 | $2,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,060 | $1,170 |
| 2 Bed Rent | $1,800 | $1,880 |
| 3 Bed Rent | $2,180 | $2,140 |
| 4 Bed Rent | $2,530 | $2,670 |
% 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 44. This is a decrease of -14.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | -1.0% |
Listing Count | 154 | 13.0% |
| Listings as % of Homes | 0.4% | 13.0% |
Days on Market | 44 | -14.0% |
Demographics — O Fallon, MO
As of the latest ACS Survey released in 2023, O Fallon, MO has a population of 54,400, which has increased by 9.7% over the past 5 years. O Fallon, MO is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 34.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,400 | 9.7% |
% Under 18 | 23.5% | -4.5% |
% Seniors | 15.2% | 15.2% |
% WFH | 13.7% | 191.5% |
% w/ College Degree | 34.3% | 12.1% |
As of the latest ACS Survey released in 2023, O Fallon, MO is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in O Fallon, MO is hispanic, making up 5.7% of the population. Foreign-born residents account for 4.9% of the population in O Fallon, MO, and this percentage has increased by 88.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.5% | -8.9% |
% Black | 5.1% | 24.4% |
% Hispanic | 5.7% | 128.0% |
% Asian | 2.8% | 64.7% |
% Foreign Born | 4.9% | 88.5% |
Mortgage and Risk — O Fallon, MO
According to HUD data as of 2023, there were 853 mortgage originations in O Fallon, MO, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in O Fallon, MO. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 853 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
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 9.8%. 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. 1-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 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 426 |
Total Units Section 8 | 374 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 80.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $1,060 | $1,110 |
| 2 Bedroom | -$430 | $1,800 | $1,370 |
| 3 Bedroom | -$410 | $2,180 | $1,770 |
| 4 Bedroom | -$490 | $2,530 | $2,040 |
Affordability — O Fallon, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $354,000 |
| Median Household Income | $98,200 |