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Friday, December 27, 2024

Freeburg home prices fall in September 2017

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The median sale price of a home sold in September 2017 in Freeburg fell by $21,500 while total sales increased by 50%, according to BlockShopper.com.

In September 2017, there were nine homes sold, with a median sale price of $130,000 - a 14.2% decrease over the $151,500 median sale price for the same period of the previous year. There were six homes sold in Freeburg in September 2016.

The median sales tax in Freeburg for the most recent year with available data, 2016, was $3,730, approximately 2.9% of the median home sale price for September 2017.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Shiloh2021-4.8%$195,500$178,0009.8%
Smithton56-16.7%$191,000$194,000-1.5%
Caseyville48-50%$179,000$48,750267.2%
Mascoutah141040%$168,250$181,250-7.2%
Swansea161323.1%$161,000$145,50010.7%
Freeburg9650%$130,000$151,500-14.2%
St. Libory110%$130,000$135,000-3.7%
Fairview Heights362924.1%$127,500$96,50032.1%
Collinsville5366.7%$116,000$161,000-28%
Belleville1109614.6%$83,500$87,000-4%
New Athens12-50%$74,000$56,50031%

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