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Featured local agent — North Freedom, WI
Sarah Mitchell
Compass Real Estate · North Freedom, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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North Freedom, WI Housing Market
The typical home in North Freedom, WI is worth $336,604, rose 10.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $150,508 (through May 2026). With 1.0 months of supply and homes going under contract in about 16 days, North Freedom is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $336,604 home is about $1,797/mo in principal and interest.
Key numbers for North Freedom, WI
Typical home value
$336,604
+10.7% in 12 months
Zillow, August 2026
Median sale price
$150,508
Last published period
Redfin, through May 2026
Days on market
16
Fast-moving
Redfin, through May 2026
Active listings
1
1.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$77,250
Home costs 4.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
136.8%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is North Freedom a buyer's or seller's market?
North Freedom, WI is a strong seller's market, based on 1.0 months of supply and homes selling in about 16 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the North Freedom housing market data show?
Every row below is Redfin's final published month for North Freedom, WI. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $150,508 |
| Median list price | $444,900 |
| Median price per sq ft | $66/sq ft |
| Median days on market | 16 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 136.8% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for North Freedom is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in North Freedom is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have North Freedom home prices moved?
Across the 36 months we hold for North Freedom, WI, the median sale price fell 54.1%, from $328,000 in April 2021 to $150,508. The live Zillow value series has rose 10.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 100.0% of North Freedom listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 136.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in North Freedom?
Priced off the typical home value of $336,604 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $67,321 | $269,283 | $1,797/mo |
| 5% | $16,830 | $319,774 | $2,134/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,797, that implies roughly $77,013 a year before you add taxes and insurance. The median household in North Freedom earns $77,250, about $237 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in North Freedom in the next 12 months?
Tell us your timeline. We send the North Freedom market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in North Freedom?
Zillow does not publish a rent index (ZORI) for North Freedom, WI, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in North Freedom?
Active listings in North Freedom, WI went from 2 in July 2023 to 1 in May 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| August 2023 | 1 | not published |
| September 2023 | 2 | 2 |
| December 2023 | 1 | not published |
| March 2024 | 2 | 2 |
| April 2024 | 1 | 1 |
| September 2024 | 2 | 1 |
| April 2025 | 1 | 2 |
| July 2025 | 1 | 1 |
| September 2025 | 3 | 1 |
| October 2025 | 2 | 1 |
| December 2025 | 2 | 1 |
| May 2026 | 1 | 1 |
Redfin, through May 2026
How does North Freedom compare to Wisconsin and the U.S.?
North Freedom homes sell for $150,508 — 58% below the Wisconsin median of $361,600. Against the national median of $410,700, North Freedom runs 63% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| North Freedom, WI | $150,508 | not published | 16 days |
| Wisconsin statewide | $361,600 | +6.5% | 44 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in North Freedom
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $337 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $336,604 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median North Freedom listing goes under contract in 16 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 136.8% of asking. Price at the number you want and let competition do the rest.
- In the last published month North Freedom added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +10.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside North Freedom varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in North Freedom
There are currently 1 homes listed for sale in North Freedom, Wisconsin. The median listing price is $445K.
Active listings
1
Homes on market
Median list price
$445K
Avg. days on market
16
Days until sale
New this week
1
Newly listed
How much do homes cost in North Freedom by property type?
How the North Freedom, WI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $150,508 | $66/sq ft | 1 | 16 days |
Who lives in North Freedom?
American Community Survey estimates for North Freedom. U.S. Census ACS, 2023
Population
730
Households
265
Median income
$77,250/yr
Median age
33.5 years
Owner-occupied
89.4%
Median home value
$154,800
Median gross rent
$708/mo
Mean commute
23.6 min
89.4% of occupied homes in North Freedom are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $154,800 against Zillow's $336,604 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve North Freedom?
1 schools tracked · 108 students
The largest public schools serving North Freedom, WI 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.
North Freedom Elementary
Grades K-5 · 108 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 North Freedom, WI?
Ordered by distance from North Freedom, not by size. Compare North Freedom side by side with any of them.
North Freedom housing market FAQ
Is North Freedom a buyer's or seller's market?
North Freedom, WI is currently a strong seller's market. That read comes from 1.0 months of supply, homes going under contract in about 16 days, and sellers getting 136.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in North Freedom?
The typical home in North Freedom, WI is worth $336,604 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $150,508, about $66 per square foot.
Is North Freedom cheaper than the rest of Wisconsin?
North Freedom's median sale price of $150,508 is 58% lower than the Wisconsin statewide median of $361,600, and 63% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in North Freedom?
Homes in North Freedom, WI spent a median of 16 days on market before going under contract, versus 44 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in North Freedom?
At the current 30-year fixed rate of 7.03%, 20% down on a $336,604 home is about $1,797 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $77,013 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $77,250.
Are home prices rising in North Freedom?
The typical home value in North Freedom, WI rose 10.7% over the last 12 months, from $304,095 to $336,604 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in North Freedom?
North Freedom ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in North Freedom?
That depends on your timeline, not on a headline. What the data says today: North Freedom, WI is a strong seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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