Freeport, MN—56331
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Freeport, MN
As of Oct '25, the median home price in Freeport, MN is $378,000, with a year-over-year change of 4.5%. This indicates that home prices in Freeport, MN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $378,000 | 4.5% |
| Single Family | $378,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $277,000 | 3.7% |
3 Bed | $343,000 | 3.9% |
4 Bed | $443,000 | 5.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Freeport, MN
Freeport, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $1,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Freeport, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Freeport, MN is 49. This is a decrease of -35.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | -11.0% |
Listing Count | 9 | 350.0% |
| Listings as % of Homes | 0.5% | 350.0% |
Days on Market | 49 | -35.0% |
Demographics — Freeport, MN
As of the latest ACS Survey released in 2023, Freeport, MN has a population of 2,180, which has decreased by -2.0% over the past 5 years. Freeport, MN is a popular place for families, as children make up 28.4% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,180 | -2.0% |
% Under 18 | 28.4% | 1.4% |
% Seniors | 16.6% | 22.1% |
% WFH | 10.7% | -13.0% |
% w/ College Degree | 18.4% | 7.6% |
As of the latest ACS Survey released in 2023, Freeport, MN is a predominantly white area, with 93.3% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Freeport, MN is hispanic, making up 4.5% of the population. Foreign-born residents account for 2.8% of the population in Freeport, MN, and this percentage has increased by 1300.0% 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 | 93.3% | -2.8% |
% Black | 0.6% | ∞% |
% Hispanic | 4.5% | 15.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.8% | 1,300.0% |
Mortgage and Risk — Freeport, MN
Freeport, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Freeport, MN
Freeport, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $840 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | -$460 | $1,900 | $1,440 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Freeport, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $378,000 |
| Median Household Income | $90,900 |