The fourth quarter of 2021: Freeburg experienced a 11.9% drop in median home prices

The fourth quarter of 2021: Freeburg experienced a 11.9% drop in median home prices
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The median sale price of a home sold in the fourth quarter of 2021 in Freeburg fell by $22,750 while total sales decreased by 28.1%, according to BlockShopper.com.

From October through December of 2021, there were 23 homes sold, with a median sale price of $168,000 – a 11.9% decrease over the $190,750 median sale price for the same period of the previous year. There were 32 homes sold in Freeburg in the fourth quarter of 2020.

The median sales tax in Freeburg for the most recent year with available data, 2019, was $3,940, approximately 2.3% of the median home sale price for the fourth quarter of 2021.

The following table compares Freeburg to other St. Clair County cities with similar median sale prices in the fourth quarter of 2021:

City Oct. – Dec. 2021 Home Sales Oct. – Dec. 2020 Home Sales % change (Total Home Sales) Oct. – Dec. 2021 Median Sales Price Oct. – Dec. 2020 Median Sales Price % change (Median Sales Price)
Briar Hill 4 2 100% $182,541.19 $214,250 -14.8%
Mascoutah 48 53 -9.4% $179,750 $193,000 -6.9%
Millstadt 20 18 11.1% $175,000 $197,500 -11.4%
Swansea 75 82 -8.5% $175,000 $168,000 4.2%
Oak Hills 3 1 200% $172,500 $92,000 87.5%
Freeburg 23 32 -28.1% $168,000 $190,750 -11.9%
Collinsville 29 13 123.1% $150,000 $123,400 21.6%
Fairview Heights 103 112 -8% $147,000 $128,200 14.7%
Lebanon 21 26 -19.2% $140,000 $117,750 18.9%
Belleville 435 398 9.3% $130,000 $115,000 13%
North Dupo 1 2 -50% $122,900 $11,050 1012.2%


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