O'Fallon, MO Real Estate
According to census data in the year 2000 there were 15,893 housing units in O'Fallon.
This represents a 136.7% growth from 6,714 in 1990.
Of those housing units, 15,808 were located in either urbanized areas or urban clusters, and 85 were located in what is classified as a rural area.
Homeownership rate in O'Fallon is about 89.6%.
O'Fallon's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.96 people.
The majority of houses, apartments or condos in O'Fallon were built after 1993.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 2.20% |
| Two Bedrooms | 12.70% |
| Three Bedrooms | 55.10% |
| Four Bedrooms | 26.90% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.04 |
| Median year structure was built | 1994 |
| Median Value of occupied units | $135,800 |
| Median Price asked for vacant units | $157,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $610 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 11.10% |
| Simple Mortgage | 69.60% |
| Debt Free | 10.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
