Freeport, TX—77541
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Freeport, TX
As of Oct '25, the median home price in Freeport, TX is $195,000, with a year-over-year change of -6.2%. This indicates that home prices in Freeport, TX are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | -6.2% |
| Single Family | $195,000 | -4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $153,000 | -9.5% |
2 Bed | $212,000 | -8.6% |
3 Bed | $247,000 | -3.9% |
4 Bed | $381,000 | -5.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Freeport, TX
As of July '25, Rentcast reports the average rent in Freeport, TX is $1,350, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Freeport, TX is studios: $550, 1-bedrooms: $730, 2-bedrooms: $1,200, 3-bedrooms: $1,470, 4-bedrooms: $2,000. The most common rental property sizes in Freeport, TX are 2-bedroom and 3-bedroom, accounting for 45.7% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,350 |
| Studio Rent | $550 | $550 |
| 1 Bed Rent | $720 | $730 |
| 2 Bed Rent | $1,150 | $1,200 |
| 3 Bed Rent | $1,400 | $1,470 |
| 4 Bed Rent | $1,800 | $2,000 |
% of Rental Stock
Property Listings — Freeport, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Freeport, TX is 106. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | -3.0% |
Listing Count | 356 | 41.0% |
| Listings as % of Homes | 1.7% | 41.0% |
Days on Market | 106 | 12.0% |
Demographics — Freeport, TX
As of the latest ACS Survey released in 2023, Freeport, TX has a population of 16,600, which has decreased by -11.3% over the past 5 years. Freeport, TX is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 9.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,600 | -11.3% |
% Under 18 | 24.5% | -18.3% |
% Seniors | 16.6% | 62.7% |
% WFH | 3.1% | 63.2% |
% w/ College Degree | 9.9% | -6.6% |
As of the latest ACS Survey released in 2023, Freeport, TX is a predominantly hispanic area, with 46.7% of the population identifying as hispanic. The hispanic population has shrunk by 10.2% in the last 5 years. The second most common race or ethnicity in Freeport, TX is white, making up 38.5% of the population. Foreign-born residents account for 12.0% of the population in Freeport, TX, and this percentage has decreased by 6.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 38.5% | 9.7% |
% Black | 12.7% | 17.6% |
% Hispanic | 46.7% | -10.2% |
% Asian | 0.1% | -75.0% |
% Foreign Born | 12.0% | -6.2% |
Mortgage and Risk — Freeport, TX
According to HUD data as of 2023, there were 224 mortgage originations in Freeport, TX, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Freeport, TX. Investor activity is low, as 13.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 224 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 13.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Freeport, TX
As of 2024, the percent of homes in Freeport, TX under the Section 8 program is 8.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Freeport, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 162 |
Total Units Section 8 | 162 |
% Rentals under Section 8 | 8.6% |
% Occupied Section 8 | 92.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $360 | $720 | $1,080 |
| 2 Bedroom | $60 | $1,150 | $1,210 |
| 3 Bedroom | $170 | $1,400 | $1,570 |
| 4 Bedroom | $250 | $1,800 | $2,050 |
Affordability — Freeport, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $195,000 |
| Median Household Income | $59,500 |