Is Freeport, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Freeport has remained a Seller's Market.
Housing Prices in Freeport, FL
How much do homes in Freeport, FL cost?
Median Sold Price
$409,628
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Freeport was $409,628 in April 2024, down 9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $110K | -68.6% |
2 Bedrooms | $245K | $249.9K | +2.0% |
3 Bedrooms | $380.5K | $362.5K | -4.7% |
4 Bedrooms | $485K | $505.7K | +4.3% |
5+ Bedrooms | $494K | $458.3K | -7.2% |
Summary: Freeport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.6%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Cities
Defuniak Springs | $250K | $255.1K | +2.0% |
Freeport | $450K | $409.6K | -9.0% |
Housing Supply in Freeport, FL
How many homes are available in Freeport, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
213 | 213 | 0.0% |
Summary: The Freeport real estate market had 213 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 92 | 88 | -4.3% |
4 Bedrooms | 93 | 92 | -1.1% |
5+ Bedrooms | 17 | 24 | +41.2% |
Summary: The Freeport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 41.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 42 | +16.7% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Freeport in April 2024, up by 16.7% month-over-month. Of the 42 sold homes, 69% were sold under asking, 26% were sold at asking, and 5% were sold over asking.
Days on Market for Freeport, FL
How long does it take to sell a home in Freeport, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
107 Days | 84 Days | -21.9% |
Summary: Homes in Freeport had an average of 84 days on market in Apr 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Freeport; 26% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.