The median list price in O’FALLON (MO), MO this week is $260,450.
The Market Action index has been trending down lately, while days-on-market is climbing, providing mostly bearish signs for the market.
Supply & Demand
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we're in the Seller's zone. Watch for changes in MAI.If the MAI resumes its climb, prices will likely follow suit.If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices.
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.