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Featured local agent — Freeport, IL
Sarah Mitchell
Compass Real Estate · Freeport, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Freeport, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$111,000median sale price
How is the Freeport, IL housing market right now?
The median home sale price in Freeport, IL is $111,000, up 3.0% year-over-year. Homes sell in an average of 44 days with 68 active listings. The market is currently a 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 Freeport a buyer's or seller's market?
Freeport, IL is currently a seller's market, based on 2.6 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
26
Last 12 weeks
Days on market
44
Average pace
Active listings
68
2.6 months supply
Sale-to-list
97.0%
Below asking
What does the Freeport housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $111,000 |
| Median list price | $143,750 |
| Year-over-year price change | +3.0% |
| Average days on market | 44 days |
| Active inventory | 68 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $76/sq ft |
| Homes sold (latest month) | 26 |
| New listings (latest month) | 24 |
| Listings with a price cut | 27.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Freeport by property type?
How the Freeport, 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 | $110,000 | $74/sq ft | 23 | 44 days |
| Condo / Co-op | $187,500 | $88/sq ft | 3 | 17 days |
| Townhouse | $75,000 | $71/sq ft | 2 | 40 days |
Source: Redfin · Updated monthly
The Freeport housing market is currently classified as a seller's market with a median sale price of $111,000. Prices have risen 3.0% compared to last year, with homes spending an average of 44 days on market, indicating 2.6 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 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Freeport
There are currently 68 homes listed for sale in Freeport, Illinois. The median listing price is $144K.
Active listings
68
Homes on market
Median list price
$144K
Avg. days on market
44
Days until sale
New this week
24
Newly listed
Who lives in Freeport?
Population
23,636
Median income
$48,181/yr
Median age
43.2 years
Owner-occupied
58.9%
College grads
20.0%
Avg commute
16.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Freeport?
Zillow home value
$129,297
Zillow rent index
$1,013/mo
Price-to-rent ratio
10.6x
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Freeport?
Freeport is a community of approximately 24K residents with a median age of 43.2 years.The median household income is $48,181, which represents a working-class community with solid middle-income opportunities. 20.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.9%, showing a blend of owner and renter-occupied properties. The average commute time is 16.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Freeport offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Freeport?
11 schools tracked · 3,638 students
The largest public schools serving Freeport, 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.
Freeport High School
Grades 9-12 · 1,155 students
Freeport Middle School
Grades 7-8 · 479 students
Carl Sandburg Middle Sch
Grades 5-6 · 437 students
Empire Elem School
Grades PK-4 · 407 students
Jones-Farrar Intl Baccalaureate
Grades K-6 · 337 students
Lincoln-Douglas Elementary School
Grades PK-4 · 320 students
Blackhawk Elem School
Grades PK-4 · 280 students
Center Elem School
Grades PK-4 · 223 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 Freeport, IL?
Want a head-to-head view? Compare Freeport side-by-side with any other U.S. city using our market-comparison tool.
Is Freeport a good real estate investment market?
For investors evaluating Freeport, the price-to-rent ratio of 10.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 3.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Freeport's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Freeport's median home price.
Frequently asked questions
What is the average home price in Freeport?
The median home sale price in Freeport is $111,000, up 3.0% from last year.
How long do homes stay on market in Freeport?
Homes typically spend 44 days on market before going under contract.
What is the median income in Freeport?
The median household income is $48,181 per year.
Is Freeport a buyer's or seller's market?
With 2.6 months of supply, Freeport is currently a seller's market.
What is the Zillow home value estimate for Freeport?
The Zillow Home Value Index (ZHVI) for Freeport is $129,297, representing the typical home value in the area.
What is the median condo price in Freeport?
The median condo/co-op sale price in Freeport, IL is $187,500, compared to $110,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Freeport?
The median single-family home price in Freeport, IL is $110,000 (about $74 per square foot).
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