Housing in Freeport, IL is relatively affordable compared to the national median value of $338,100. The median value of a home in Freeport is currently $91,900 and has experienced an appreciation rate of 7.18% over the past year. This rate of appreciation may not be as high as the US overall 1 year house appreciation rate (8.27%), but is still indicative of a strong housing market in Freeport.
The median home cost in Freeport is $91,900. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Freeport is up 14.1%.
Average Age of Homes
- The median age of Freeport real estate is 63 years old
The Rental Market in Freeport
- Renters make up 32.5% of the Freeport population
- 2.1% of houses and apartments in Freeport, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.