The housing market in Freeborn, MO is an attractive option for many homebuyers due to its median value of $68,800. This is much lower than the US median house value of $338,100, making it an attractive option for those looking for a more affordable property. Furthermore, the 1 year appreciation rate of 13.45% is higher than the US average of 8.27%, indicating that housing values in Freeborn have been increasing faster than across the US as a whole.
The median home cost in Freeborn is $68,800. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Freeborn is up 17.1%.
Average Age of Homes
- The median age of Freeborn real estate is 45 years old
The Rental Market in Freeborn
- Renters make up 30.7% of the Freeborn population
- 1.8% of houses and apartments in Freeborn, 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.