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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 April 2026?
In the last month, Freeburg's real estate market has experienced an uptick in activity, with a noticeable increase in home showings and open houses. This surge is attributed to the start of the fall season, when buyers often look to settle in before the winter months. The average days on market have decreased slightly, indicating a competitive market as buyers respond to the limited inventory.
How much do homes sell for in Freeburg, IL?
The average home price is currently $303,732.
In Freeburg, IL, how many homes are available?
There are currently 80 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 $11,111,474.
What is currently the cheapest priced home in Freeburg, IL?
The cheapest home for sale in Freeburg is priced at $11,151.

Living in Freeburg, IL

Freeburg, Illinois, is a charming suburban community known for its friendly atmosphere and tight-knit neighborhoods. The town boasts a rich history and offers a peaceful, rural lifestyle while maintaining easy access to nearby urban amenities. Residents enjoy a variety of local events, parks, and recreational activities that enhance the quality of life.

Buyer vs Seller Market in Freeburg, IL

Freeburg's real estate market has shown steady growth over the past year as more families seek homes in suburban areas due to remote work flexibility.

The current demand for homes in Freeburg reflects the town's appeal coupled with a relatively low inventory, leading to quicker sales and increasing property values.

Investors and first-time buyers alike find opportunities in Freeburg, particularly in single-family homes, which remain the most sought-after property type.

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 $259,991.00. 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 $303,732.00, with the most expensive house in Freeburg, IL, topping out at $11,111,474.00 and the cheapest home in Freeburg, IL, clocking in at $11,151.00. 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: 80

Market Values:

Home Prices from $11,151 to $11,111,474

Average Sales Price: $303,732

Rental Values:

Rental from $640 to $3,140

Average Rent Value: $1,289 / month

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