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Foreclosure Homes in Freeburg, IL 62243

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Freeburg, IL Foreclosures

Current Market Conditions in in Freeburg, IL As of February 2026?
Over the past month, Freeburg has seen an uptick in home sales, with several properties selling within days of being listed. This reflects an overall trend of increased interest in suburban living as more individuals seek homes with access to community amenities and reputable schools. As inventory remains low, many buyers face competition, further driving prices upward in many segments of the market.
How much do homes sell for in Freeburg, IL?
The average home price is currently $310,882.
In Freeburg, IL, how many homes are available?
There are currently 43 active home listings available in Freeburg.
What’s the average rental cost in Freeburg, IL?
The average rental price in Freeburg is $1,289.
What is the most expensive home in Freeburg?
The most expensive home sold in Freeburg had a price of $11,285,659.
What is currently the cheapest priced home in Freeburg, IL?
The cheapest home for sale in Freeburg is priced at $11,325.

Living in Freeburg, IL

Freeburg, IL is a quaint village that combines suburban charm with community spirit. Known for its excellent schools and family-friendly amenities, the village provides residents with easy access to the outdoors and urban centers. Locals enjoy a variety of recreational activities and local establishments that contribute to a tight-knit community atmosphere.

Buyer vs Seller Market in Freeburg, IL

Freeburg's real estate market is experiencing a steady demand, particularly among families seeking a welcoming community with good educational options. The prices of homes in the area have seen modest increases over the past year, reflecting the desirability of the location and its amenities.

The competitive nature of the real estate market means that homes tend to sell relatively quickly, often above listing price if they are well maintained and in popular neighborhoods.

Home Value Estimator For Freeburg, IL

There are currently 2,545 real estate properties in Freeburg, IL, with a median automated valuation model (AVM) price of $266,345.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Freeburg, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Freeburg, IL, is $310,882.00, with the most expensive house in Freeburg, IL, topping out at $11,285,659.00 and the cheapest home in Freeburg, IL, clocking in at $11,325.00. In other words, there’s something for every potential homebuyer or savvy investor in Freeburg, IL!

Rent Prices In Freeburg, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Freeburg, IL, is on a rollercoaster ride. The average rent price in Freeburg, IL, is $1,289.00. Indeed, when looking to rent in Freeburg, IL, you can expect to pay as little as $640.00 or as much as $3,140.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Freeburg, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Freeburg, IL 62243 Foreclosures

Market Trend for Freeburg, IL

Total Listings Available: 43

Market Values:

Home Prices from $11,325 to $11,285,659

Average Sales Price: $310,882

Rental Values:

Rental from $640 to $3,140

Average Rent Value: $1,289 / month

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