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Sunday, November 24, 2024

Freeburg home prices fall in 2017

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The median sale price of a home sold in 2017 in Freeburg fell by $16,500 while total sales increased by 7.1%, according to BlockShopper.com.

From January through December of 2017, there were 75 homes sold, with a median sale price of $142,500 - a 10.4% decrease over the $159,000 median sale price for the previous year. There were 70 homes sold in Freeburg in 2016.

The median sales tax in Freeburg for the most recent year with available data, 2016, was $3,730, approximately 2.6% of the median home sale price for 2017.

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

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Miller131030%$188,000$155,00021.3%
Smithton78728.3%$180,000$201,250-10.6%
Mascoutah1681661.2%$166,500$157,0006.1%
Millstadt80739.6%$162,000$156,0003.8%
Swansea220232-5.2%$159,500$146,5008.9%
Freeburg75707.1%$142,500$159,000-10.4%
St. Libory880%$126,250$88,50042.7%
Lebanon7290-20%$123,500$105,00017.6%
Collinsville785834.5%$115,250$99,25016.1%
Fairview Heights322334-3.6%$114,000$105,5008.1%
Briar Hill133333.3%$113,500$83,50035.9%

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