O'Fallon, IL Real Estate
According to census data in the year 2000 there were 8,604 housing units in O'Fallon.
This represents a 36% growth from 6,326 in 1990.
Of those housing units, 8,597 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.
Homeownership rate in O'Fallon is about 68.6%.
O'Fallon's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in O'Fallon were built after 1983.
|Housing Units by Size|
|Five Bedrooms or more||3.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.86|
|Median year structure was built||1981|
|Median Value of occupied units||$121,400|
|Median Price asked for vacant units||$128,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.13|
|Median year structure was built||1984|
|Median Monthly Rent asked for vacant units||$452|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||6.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.1%|