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Featured local agent — Freeburg, IL
Sarah Mitchell
Compass Real Estate · Freeburg, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Freeburg, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$321,334median sale price
How is the Freeburg, IL housing market right now?
The median home sale price in Freeburg, IL is $321,334, down 17.2% year-over-year. Homes sell in an average of 24 days with 5 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Freeburg a buyer's or seller's market?
Freeburg, IL is currently a strong seller's market, based on 1.3 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
24
Average pace
Active listings
5
1.3 months supply
Sale-to-list
101.6%
Above asking
What does the Freeburg housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $321,334 |
| Median list price | $259,950 |
| Year-over-year price change | -17.2% |
| Average days on market | 24 days |
| Active inventory | 5 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 101.6% |
| Median price per sq ft | $172/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 4 |
| Listings with a price cut | 60.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Freeburg by property type?
How the Freeburg, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $321,334 | $172/sq ft | 4 | 24 days |
| Condo / Co-op | $225,000 | $126/sq ft | 1 | 58 days |
| Townhouse | $187,000 | $128/sq ft | 1 | 293 days |
Source: Redfin · Updated monthly
The Freeburg housing market is currently classified as a strong seller's market with a median sale price of $321,334. Prices have fallen 17.2% compared to last year, with homes spending an average of 24 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Freeburg
There are currently 5 homes listed for sale in Freeburg, Illinois. The median listing price is $260K.
Active listings
5
Homes on market
Median list price
$260K
Avg. days on market
24
Days until sale
New this week
4
Newly listed
Who lives in Freeburg?
Population
4,336
Median income
$84,464/yr
Median age
43.2 years
Owner-occupied
79.8%
College grads
32.1%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Freeburg?
Zillow home value
$273,262
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Freeburg?
Freeburg is a community of approximately 4K residents with a median age of 43.2 years.The median household income is $84,464, which reflects a relatively affluent area with strong earning potential. 32.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Freeburg offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Freeburg?
3 schools tracked · 1,479 students
The largest public schools serving Freeburg, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Freeburg Community High Sch
Grades 9-12 · 685 students
Freeburg Elem School
Grades 3-8 · 529 students
Freeburg Primary Center
Grades PK-2 · 265 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Freeburg, IL?
Want a head-to-head view? Compare Freeburg side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Freeburg?
The median home sale price in Freeburg is $321,334, down 17.2% from last year.
How long do homes stay on market in Freeburg?
Homes typically spend 24 days on market before going under contract.
What is the median income in Freeburg?
The median household income is $84,464 per year.
Is Freeburg a buyer's or seller's market?
With 1.3 months of supply, Freeburg is currently a strong seller's market.
What is the Zillow home value estimate for Freeburg?
The Zillow Home Value Index (ZHVI) for Freeburg is $273,262, representing the typical home value in the area.
What is the median condo price in Freeburg?
The median condo/co-op sale price in Freeburg, IL is $225,000, compared to $321,334 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Freeburg?
The median single-family home price in Freeburg, IL is $321,334 (about $172 per square foot).
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