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Friday, April 19, 2024

Q2 real estate sales report: Freeburg

Realestate5

Median prices rose in Freeburg over last year, and are down 55.3 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 10 homes sold in Freeburg for a median price of $189,250. That's 51.5 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Freeburg.

Median property tax for homeowners in Freeburg was $4,694.18 in 2016 according to tax data from that year. That means homeowners pay 2.5 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Freeburg real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
13
$422,955
-
2010
12
$238,545
-43.6%
2011
17
$133,340
-44.1%
2012
10
$158,050
18.5%
2013
10
$116,640
-26.2%
2014
21
$132,500
13.6%
2015
22
$179,140
35.2%
2016
14
$190,575
6.4%
2017
14
$124,950
-34.4%
2018
10
$189,250
51.5%

Median property tax
Median sale price
Effective property tax rate
2012
$3,936.58
$158,050
2.5%
2013
$3,195.82
$116,640
2.7%
2014
$3,248.03
$132,500
2.5%
2015
$4,224.26
$179,140
2.4%
2016
$4,694.18
$190,575
2.5%

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