Is Freeport, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Freeport has remained a Seller's Market.
Housing Prices in Freeport, MI
How much do homes in Freeport, MI cost?
Median Sold Price
$293,500
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Freeport was $293,500 in March 2024, up 33.4% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $252.4K | $357.5K | +41.6% |
3 Bedrooms | $190K | $286K | +50.5% |
4 Bedrooms | $220K | $215K | -2.3% |
5+ Bedrooms | $279K | $407K | +45.9% |
Summary: Freeport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.6%, 3 bedroom homes increased by 50.5%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 45.9%.
Median Sold Price Compared To Nearby Cities
Freeport | $220K | $293.5K | +33.4% |
Bowne Township | $398.7K | $416.5K | +4.5% |
Irving Township | $322.4K | $304K | -5.7% |
Housing Supply in Freeport, MI
How many homes are available in Freeport, MI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Summary: The Freeport real estate market had 1 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Freeport housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Freeport in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Freeport, MI
How long does it take to sell a home in Freeport, MI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
94 Days | 4 Days | -95.8% |
Summary: Homes in Freeport had an average of 4 days on market in Mar 2024, down by 95.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Freeport; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.