O’Fallon, Missouri is a large, diverse city, just west of St. Louis. According to the 2010 census, O’Fallon has almost 80,000 residents, making it the seventh largest city in Missouri. Due to its size and diversity, real estate in O'Fallon, Missouri is sought after by several groups; college students, young professionals, families and retirees all look to call O’Fallon home. O’Fallon is a middle-class neighborhood, with the median household income in 2009 estimated at $66,374. The estimated median income for the state for the same time was $45,229. And because the city is so large, many businesses have flocked to the area. You will not have to travel far to find shopping, restaurants and entertainment. Whether you are looking for small, local boutiques or eateries or chain restaurants and big box retail stores, O’Fallon has is it. It is no wonder more and more people are looking to find homes for sale in O'Fallon, MO.
Just like other parts of the country, O’Fallon MO real estate was hit by the recession. The median home prices reached their highest point at almost $200,000 in 2006. They fell to their lowest median price in 2009, at just below $160,000. Since then the prices of O'Fallon MO homes for sale have recovered and stabilized a bit. The median price of homes sold in 2011 stayed right around the $170,000 mark. Fewer homes are also being listed and sold each month. In 2010, there were approximately 55 homes being sold each month, whereas in 2011, the number of homes sold each month dropped to less than 40. Right now is a great time to purchase O'Fallon, MO Real Estate. Home prices are still low, but stable and the market is showing the initial signs of increasing. And it doesn’t hurt that interest rates are also extremely low, the lowest rates we have seen in decades. Whether you are looking to buy your first home, your lifetime home or investment property, now is a great time to look at O’Fallon, MO real estate.
Due to the cities large size, there are O’Fallon homes for sale that meet every budget and need. Home prices range from below the $100,000s to the mid $300,000s. You can find small two bedroom, one bath homes and large six bedroom, four bath homes and anything in between. And you can find any type of home you are looking for whether it is a foreclosure, existing home or a new build. Any type of home, size of home and budget is available when looking at homes for sale in O'Fallon, MO.
If you are looking for O'Fallon houses for sale, you know what a difficult task that can be. There are hundreds, if not a thousand listings at any given time. Trying to sort through all of them and find the homes that fit into your budget and have the criteria you need, can be time consuming and difficult. This is why it is important and invaluable to work with a real estate agent or a company such as, HomeFinderSTL.com, to help you find homes for sale in O'Fallon, MO. A company or real estate agent has access to a current and up-to-date list of all the O'Fallon MO homes for sale. Based on this list, the company or agent can quickly find the homes that match your needs and set you up with appointments to view the homes, which allows you to more quickly find the homes that best suit your needs and hopefully allows you to move into a new home sooner. A real estate agent can also ensure you get the best deal possible on a home buy alerting you to new foreclosures on the market, homes that have recently undergone a price reduction or ensuring the price you are offering on a home is competitive, based on the asking and selling prices of homes in the area.
O'Fallon homes for sale are zoned for the Fort Zumwalt school district. Due to the large size of the city, there are several schools, so you will need to check with the school district to find out exactly which school the home is zoned for. The district has approximately 20,000 students enrolled in grades kindergarten through twelfth at their 15 elementary schools, four middle high schools, four high schools and one alternative school. The district staffs 1300 certified teachers and educators and 1150 support staff, such as secretaries, custodians and nurses, making it one of the largest districts in Missouri. The district continues to work toward meeting their adequate yearly progress as required by the “No Child Left Behind Act.” The results of their benchmarks tests for each school can be found on the school district’s website and should be looked at and analyzed when searching for O'Fallon, MO Real Estate.
Many people decide to look at an O'Fallon, MO home for sale based on the parks and recreation department. The parks and rec department is one of the largest in the area, with over 475 acres of land devoted to parks. The largest parks in the area are Civic Park, Dames Park, Fort Zumwalk Park, Knaust Park, O’Fallon Sports Park, Ozzie Smith Sports Center and Westhoff Park. These parks feature playgrounds, sports fields, pools, aquatic centers, picnic areas and walking paths. The parks and rec district also offers many reasonably priced classes and sports leagues which meet and take place at these parks, such as swim classes and leagues, soccer leagues, baseball leagues, football leagues, exercise courses and even outdoor art and photography classes. The amenities offered through the parks and recs district make O'Fallon, MO real estate popular.
The city of O’Fallon was established in 1856. Since then, it has continued to grow and thrive. It is clear to see why O'Fallon houses for sale continue to be popular and why more and more people continue moving to the city. Great amenities, great location and affordable prices continue to drive the population of O’Fallon, Missouri upward.