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Metro East Sun

Tuesday, November 26, 2024

Freeburg home prices fall in December 2017

Re 7

The median sale price of a home sold in December 2017 in Freeburg fell by $2,500 while total sales increased by 42.9%, according to BlockShopper.com.

In December 2017, there were 10 homes sold, with a median sale price of $162,500 - a 1.5% decrease over the $165,000 median sale price for the same period of the previous year. There were seven homes sold in Freeburg in December 2016.

The median sales tax in Freeburg for the most recent year with available data, 2016, was $3,730, approximately 2.3% of the median home sale price for December 2017.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Smithton48-50%$187,250$191,250-2.1%
O'Fallon3845-15.6%$179,000$150,00019.3%
Collinsville13-66.7%$178,000$165,0007.9%
Mascoutah718-61.1%$176,000$191,250-8%
Swansea2021-4.8%$169,500$165,0002.7%
Freeburg10742.9%$162,500$165,000-1.5%
Miller21100%$135,500$121,00012%
Fairview Heights26254%$106,000$117,000-9.4%
Lebanon38-62.5%$104,000$140,500-26%
St. Libory10-$95,000$0-
Dupo47-42.9%$77,250$83,500-7.5%

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