Home Sales Decline in Freeburg Real Estate Market

The Freeburg market broke below its 12-month average sales volume this week as sales fell 25.0% to hit three homes sold over the last 30 days. Meanwhile, close-by Belleville reported 61 homes sales, the highest number from all the surrounding cities. Prices are falling in Freeburg, and this period the median price of all sales fell from $144,500 to $128,000. With decreasing sales and the availability of nine months of inventory, Freeburg is a solid buyer's market.

Looking for a more classic home in Freeburg? These are older homes currently available in the market:

$179K   $104K   $124K  

Get started right now by checking out Freeburg homes for sale or reviewing Freeburg real estate trends.

Demographic facts for Freeburg:

  • The rating for this area for population growth is 49. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $16.45/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (27.0%), 15-29 min (42.8%), 30-44 min (17.9%), 45-59 min (7.7%), >60 min (4.6%).

Data reported through 10/12/2016

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