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Thursday, November 28, 2024

Freeburg home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Freeburg fell by $3,500 while total sales decreased by 40.7%, according to BlockShopper.com.

From April through June of 2019, there were 16 homes sold, with a median sale price of $175,000 - a 2% decrease over the $178,500 median sale price for the same period of the previous year. There were 27 homes sold in Freeburg in the second quarter of 2018.

The median sales tax in Freeburg for the most recent year with available data, 2017, was $3,746, approximately 2.1% of the median home sale price for the second quarter of 2019.

The following table compares Freeburg to other St. Clair County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Millstadt1925-24%$206,000$180,00014.4%
Shiloh695525.5%$205,000$223,000-8.1%
Mascoutah53498.2%$198,427$185,0007.3%
Miller35-40%$192,000$239,900-20%
Swansea71710%$178,650$171,4994.2%
Freeburg1627-40.7%$175,000$178,500-2%
Lebanon262313%$157,500$148,0006.4%
Summerfield10-$150,000$0-
St. Libory52150%$130,000$199,000-34.7%
Briar Hill62200%$124,750$150,450-17.1%
Collinsville2311109.1%$121,500$125,000-2.8%

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