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New Construction Homes Under $400K in O Fallon, IL

4 Homes

From $283,000

3 Br | 2 Ba | 1,464 sq ft

215 Treeline Court. O Fallon, IL 62269

From $332,000

3 Br | 2 Ba | 1,600 sq ft

210 West State Street. O Fallon, IL 62269

From $398,900

3 Br | 2 Ba | 2,055 sq ft

1213 Bayley Drive. O Fallon, IL 62269

From $373,156

3 Br | 2 Ba | 1,865 sq ft

6 Ogle Estates. Columbia, IL 62236

Static Map Image

Market Snapshot

Newest Home Developments in O Fallon

CommunityPriced From
Riverdale by Houston Homes, LLC$ 336,900
Riverdale$ 319,900
Streets of Caledonia$ 312,900

Top Home Builders in O Fallon

BuilderHomesAverage Price
Fischer Homes140$485,785
Mcbride & Son Homes386$336,114
Houston Homes LLC62$376,066

O Fallon features many of the best homes builders and new construction home designs in Illinois. Finding relatively lower priced homes has become increasingly difficult. The cost of new construction in O Fallon has increased substantially. Despite the rising trend of housing prices, it is still possible to design and build an affordable home in the O Fallon area. In fact, there are 169 new homes for sale in O Fallon with a good selection of cheaper homes starting at under $400K.

How to Find Homes in O Fallon, IL for Less than $400K?

Builders see the growing demand for homes under the $400k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders use value engineering techniques to reduce the cost of construction and keep prices increasing too much. Smaller lots, standard-sized materials, and evening the pace of building can help deliver high-value for the cost. The results are delivering similar quality at lower prices.