Freeport Real Estate
2 active listings · 22 sold in the past 12mo
$294,900
Median List Price
22
Sold (past 12mo)
46
Avg Days on Market
+26.7%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(2)
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For Sale
1/32
$379,900
12861 High Ridge Court, Freeport, MI 49325
4 bd3 ba1,830 sqft1.01 ac
Single Family
For Sale
1/24
$209,900
120 Cherry Street, Freeport, MI 49325
5 bd2 ba1,552 sqft0.20 ac
Single Family
Recently Sold(22)
Frequently Asked Questions about Freeport
How many homes are for sale in Freeport?
Buyers in Freeport can choose from 2 active listings. The median asking price is $294,900.
What are home prices like in Freeport?
The median sale price in Freeport is $294,900, based on 22 closed sales over the past 12 months.
What is the average days on market in Freeport?
Homes in Freeport sell in an average of 46 days, based on 22 sales over the past 12 months.
Which school districts cover Freeport?
Multiple school districts may serve Freeport. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
How competitive is the Freeport real estate market?
Freeport is currently a seller's market, with 1.1 months of supply. That ratio comes from 2 active listings relative to 22 sales per year.
How are property taxes calculated in Freeport?
Property taxes in Freeport are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What is the Household Formation Gap in Freeport?
Census demographic data shows a +26.7% Household Formation Gap in Freeport. As average household size fell from 2.81 to 3.03, the estimated number of households grew by 43. Population grew 36.7% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.