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Tuesday, December 24, 2024

Freeburg home prices fall in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Freeburg fell by $5,750 while total sales increased by 4%, according to BlockShopper.com.

From July through September of 2017, there were 26 homes sold, with a median sale price of $136,250 - a 4% decrease over the $142,000 median sale price for the same period of the previous year. There were 25 homes sold in Freeburg in the third quarter of 2016.

The median sales tax in Freeburg for the most recent year with available data, 2016, was $3,729.70, approximately 2.7% of the median home sale price for the third quarter of 2017.

The following table compares Freeburg to other St. Clair County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Smithton241471.4%$190,000$201,500-5.7%
Millstadt2330-23.3%$190,000$197,500-3.8%
Mascoutah514513.3%$177,000$147,00020.4%
Lebanon2428-14.3%$175,000$103,75068.7%
Swansea665520%$167,750$180,000-6.8%
Freeburg26254%$136,250$142,000-4%
Collinsville238187.5%$130,000$131,000-0.8%
Fairview Heights9697-1%$114,500$106,0008%
Belleville33028416.2%$93,500$89,5004.5%
Caseyville342630.8%$84,250$51,75062.8%
Briar Hill20-$83,000$0-

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