Freetown, MA—02702
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Freetown, MA
Home Price Trends — Freetown, MA
As of Oct '25, the median home price in Freetown, MA is $570,000, with a year-over-year change of 1.8%. This indicates that home prices in Freetown, MA are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $570,000 | 1.8% |
| Single Family | $571,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $470,000 | 2.4% |
3 Bed | $570,000 | 1.2% |
4 Bed | $669,000 | 0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Freetown, MA
Freetown, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Freetown, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Freetown, MA is 51. This is a increase of 25.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $611,000 | -18.0% |
Listing Count | 18 | 33.0% |
| Listings as % of Homes | 0.3% | 33.0% |
Days on Market | 51 | 25.0% |
Demographics — Freetown, MA
As of the latest ACS Survey released in 2023, Freetown, MA has a population of 4,440, which has increased by 1.8% over the past 5 years. Freetown, MA is a moderately popular place for families, as children make up 22.4% of the population. The area has a highly educated workforce, with 45.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,440 | 1.8% |
% Under 18 | 22.4% | 17.9% |
% Seniors | 17.1% | 9.6% |
% WFH | 3.5% | -28.6% |
% w/ College Degree | 45.5% | 31.9% |
As of the latest ACS Survey released in 2023, Freetown, MA is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Freetown, MA is hispanic, making up 3.0% of the population. Foreign-born residents account for 4.7% of the population in Freetown, MA, and this percentage has decreased by 40.5% 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 | 93.9% | -2.1% |
% Black | 0.8% | 300.0% |
% Hispanic | 3.0% | -6.2% |
% Asian | 1.1% | 83.3% |
% Foreign Born | 4.7% | -40.5% |
Mortgage and Risk — Freetown, MA
According to HUD data as of 2023, there were 74 mortgage originations in Freetown, MA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Freetown, MA. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Freetown, MA
Freetown, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,720 |
| 2 Bedroom | N/A | N/A | $2,120 |
| 3 Bedroom | N/A | N/A | $2,550 |
| 4 Bedroom | N/A | N/A | $3,060 |
Affordability — Freetown, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $570,000 |
| Median Household Income | $145,000 |