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  4. /Freeport, MN - 56331

Freeport, MN—56331

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$383,000
3.0% YoY Growth
Household Income
$90,900
15.2% YoY Growth
Days on Market
72
13.0% Longer YoY
Home Price Forecast
2.0%
Median Rent
$1,900
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,900
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Freeport, MN

As of May '26, the median home price in Freeport, MN is $383,000, with a year-over-year change of 3.0%. This indicates that home prices in Freeport, MN are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$383,0003.0%
Single Family $383,0002.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$354,0001.7%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.1%
    1 Bedroom
    2.6%
    2 Bedrooms
    10.0%
    3 Bedrooms
    46.4%
    4 Bedrooms
    29.5%
    5+ Bedrooms
    11.4%

    Rental Trends — Freeport, MN

    Freeport, MN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,900$1,900
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,900$1,900
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    21.8%
    2 Bedrooms
    2.6%
    3 Bedrooms
    23.1%
    4 Bedrooms
    28.2%
    5+ Bedrooms
    24.4%

    Property Listings — Freeport, MN

    As of May '26, Realtor.com reports that the median days on market for a home in Freeport, MN is 72. This is a increase of 13.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$333,000106.0%
    Listing Count
    		6217.0%
    Listings as % of Homes0.5%217.0%
    Days on Market
    		7213.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % 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%
    Loading chart...

    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

    MetricLatest Census5-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%
    Loading chart...

    Mortgage and Risk — Freeport, MN

    Freeport, MN lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
    Loading chart...
    Loading chart...

    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$840
    2 BedroomN/AN/A$1,100
    3 Bedroom-$460$1,900$1,440
    4 BedroomN/AN/A$1,720

    Affordability — Freeport, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$383,000
    Median Household Income$90,900

    Freeport, MN — ZIP Code Boundary Map

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    Frequently Asked Questions