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Sunday, November 24, 2024

Freeburg home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Freeburg rose by $49,250 while total sales increased by 75%, according to BlockShopper.com.

In August 2018, there were seven homes sold, with a median sale price of $210,500 - a 30.5% increase over the $161,250 median sale price for the same period of the previous year. There were four homes sold in Freeburg in August 2017.

The median sales tax in Freeburg for the most recent year with available data, 2016, was $3,730, approximately 1.8% of the median home sale price for August 2018.

The following table compares Freeburg to other St. Clair County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Freeburg7475%$210,500$161,25030.5%
O'Fallon5964-7.8%$200,000$194,0003.1%
Smithton141040%$198,250$161,50022.8%
Millstadt510-50%$174,000$222,500-21.8%
Shiloh272128.6%$165,000$191,500-13.8%
Mascoutah241926.3%$160,500$175,000-8.3%
Swansea1619-15.8%$156,000$180,000-13.3%
Miller12-50%$154,900$176,500-12.2%
Fairview Heights422661.5%$113,850$129,750-12.3%
Belleville107112-4.5%$99,000$102,500-3.4%
Lebanon89-11.1%$94,147.75$150,000-37.2%

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