Freetown, MA 02702 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Freetown, MA—02702

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$591,000

2.8% YoY Growth

Household Income

$145,000

45.9% YoY Growth

Days on Market

63.0% Longer YoY

Home Price Forecast

1.2%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Freetown, MA

02717

Home Price Trends — Freetown, MA

As of May '25, the median home price in Freetown, MA is $563,000, with a year-over-year change of 1.7%. This indicates that home prices in Freetown, MA are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$591,000	2.8%
Single Family	$592,000	3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

7.1%

2 Bedrooms

43.5%

3 Bedrooms

49.4%

Property Listings — Freetown, MA

As of May '25, Realtor.com reports that the median days on market for a home in Freetown, MA is 44. This is a increase of 99.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$800,000	-6.0%
Listing Count	14	80.0%
Listings as % of Homes	0.3%	80.0%
Days on Market	29	63.0%

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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%

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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%

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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%

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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

Freetown, MA—02702

Key Metrics at a Glance

Other Zip Codes in Freetown, MA

Home Price Trends — Freetown, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Freetown, MA

% of Rental Stock

Property Listings — Freetown, MA

Demographics — Freetown, MA

Race and Ethnicity

Mortgage and Risk — Freetown, MA

Mortgages

Rentals and Section 8 — Freetown, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Freetown, MA

Home Price to Income Ratio

Freetown, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Berkley, MA

Fall River, MA

Freetown, MA

Somerset, MA

Dighton, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$591,000
Median Household Income	$145,000

Freetown, MA—02702

Key Metrics at a Glance

Other Zip Codes in Freetown, MA

Home Price Trends — Freetown, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Freetown, MA

% of Rental Stock

Property Listings — Freetown, MA

Demographics — Freetown, MA

Race and Ethnicity

Mortgage and Risk — Freetown, MA

Mortgages

Rentals and Section 8 — Freetown, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Freetown, MA

Home Price to Income Ratio

Freetown, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Berkley, MA

Fall River, MA

Freetown, MA

Somerset, MA

Dighton, MA

Frequently Asked Questions

What is the average home price in Freetown, MA 02702?

How have home prices in Freetown, MA 02702 changed over the past year?

What is the home price projection for Freetown, MA 02702?

What are the demographics of Freetown, MA 02702?

How long does it take homes to sell in Freetown, MA 02702?

What is the average rent price in Freetown, MA 02702?