North Freedom, WI—53951
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Freedom, WI
As of Oct '25, the median home price in North Freedom, WI is $307,000, with a year-over-year change of 5.0%. This indicates that home prices in North Freedom, WI are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | 5.0% |
| Single Family | $308,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Freedom, WI
North Freedom, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — North Freedom, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in North Freedom, WI is 32. This is a decrease of -80.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $467,000 | -65.0% |
Listing Count | 8 | 69.0% |
| Listings as % of Homes | 0.2% | 69.0% |
Days on Market | 32 | -80.0% |
Demographics — North Freedom, WI
As of the latest ACS Survey released in 2023, North Freedom, WI has a population of 2,570, which has increased by 12.4% over the past 5 years. North Freedom, WI is a popular place for families, as children make up 26.6% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,570 | 12.4% |
% Under 18 | 26.6% | 5.1% |
% Seniors | 14.4% | -5.3% |
% WFH | 4.9% | 16.7% |
% w/ College Degree | 17.1% | 8.9% |
As of the latest ACS Survey released in 2023, North Freedom, WI is a predominantly white area, with 83.3% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in North Freedom, WI is hispanic, making up 11.4% of the population. Foreign-born residents account for 7.8% of the population in North Freedom, WI, and this percentage has increased by 85.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.3% | -3.3% |
% Black | 2.2% | 214.3% |
% Hispanic | 11.4% | -5.8% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 7.8% | 85.7% |
Mortgage and Risk — North Freedom, WI
According to HUD data as of 2023, there were 30 mortgage originations in North Freedom, WI, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 43.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in North Freedom, WI. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — North Freedom, WI
North Freedom, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | -$60 | $1,000 | $940 |
| 3 Bedroom | -$270 | $1,500 | $1,230 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — North Freedom, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $307,000 |
| Median Household Income | $70,700 |