Freeville, NY—13068
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Freeville, NY
As of Nov '25, the median home price in Freeville, NY is $290,000, with a year-over-year change of 2.7%. This indicates that home prices in Freeville, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $290,000 | 2.7% |
| Single Family | $290,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $239,000 | 3.0% |
3 Bed | $291,000 | 2.8% |
4 Bed | $340,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Freeville, NY
As of July '25, Rentcast reports the average rent in Freeville, NY is $1,300, with a year-over-year rent change of -37.5%. Per bedroom, the median rent as of July '25 in Freeville, NY is 2-bedrooms: $1,300. The most common rental property sizes in Freeville, NY are 2-bedroom and 1-bedroom, accounting for 52.9% and 18.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Freeville, NY
As of Nov '25, Realtor.com reports that the median days on market for a home in Freeville, NY is 73. This is a increase of 7.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | -15.0% |
Listing Count | 17 | 94.0% |
| Listings as % of Homes | 0.4% | 94.0% |
Days on Market | 73 | 7.0% |
Demographics — Freeville, NY
As of the latest ACS Survey released in 2023, Freeville, NY has a population of 4,460, which has decreased by -13.5% over the past 5 years. Freeville, NY is a moderately popular place for families, as children make up 16.6% of the population. The area has a moderately educated workforce, with 40.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,460 | -13.5% |
% Under 18 | 16.6% | -24.5% |
% Seniors | 19.7% | 34.0% |
% WFH | 10.4% | 205.9% |
% w/ College Degree | 40.2% | -6.1% |
As of the latest ACS Survey released in 2023, Freeville, NY is a predominantly white area, with 95.0% of the population identifying as white. The white population has grown by 5.3% in the last 5 years. The second most common race or ethnicity in Freeville, NY is hispanic, making up 1.1% of the population. Foreign-born residents account for 3.5% of the population in Freeville, NY, and this percentage has increased by 29.6% 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 | 95.0% | 5.3% |
% Black | 0.6% | -66.7% |
% Hispanic | 1.1% | -65.6% |
% Asian | 0.4% | -63.6% |
% Foreign Born | 3.5% | 29.6% |
Mortgage and Risk — Freeville, NY
According to HUD data as of 2023, there were 64 mortgage originations in Freeville, NY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Freeville, NY. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Freeville, NY
Freeville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 85 |
Total Units Section 8 | 85 |
% Rentals under Section 8 | 16.3% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | $200 | $1,300 | $1,500 |
| 3 Bedroom | N/A | N/A | $1,860 |
| 4 Bedroom | N/A | N/A | $2,010 |
Affordability — Freeville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $290,000 |
| Median Household Income | $79,500 |