Real Estate Market Update for Freeport, IL
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 6% from one year earlier, and down 14% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 70-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 46%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 40-thousand dollars. The number of units sold was consistent year-over-year, and decreased 50% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Freeport, IL
Area Information for Freeport, IL
  • Population: 25,430
  • Median Age: 40.46 yr
  • Median Commute Time: 11.02 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 2,159/sq mi
  • Population Change Since 2000: -3.7%
  • Closest Airport: Chicago/rockford International
  • Closest College: Rockford College
  • Closest Jr. College: Highland Community College
  • Median Household Income: $38,028
  • Annual Residential Turnover: 12.34%
  • Median Years in Residence: 4.37 yr
  • Median Home Sales Price: $46,000
  • Closest Major Sports Team: Brewers
  • Change Avg. Household Income Since 2000: 7%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Freeport, IL
Median Age: 40.46 Married: 31% Number of Households: 11,178 Households with Children: 3,069
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Freeport, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Career & Tech Educ Cons 1.0 mi Public 11-12 0 0
      Rap 1.2 mi Public 6-12 0 0
      Lincoln-douglas Elementary School 1.4 mi Public PRESCHOOL-4 0 5
      Aquin Elementary School 1.4 mi Catholic PRESCHOOL-6 0 0
      Taylor Park Elementary School 1.5 mi Public PRESCHOOL-4 0 3
      Freeport High School 1.5 mi Public 9-12 2 3
      Freeport Middle School 1.7 mi Public 5-8 0 0
      Freeport Alternative High School 1.7 mi Public 9-12 0 0
      Carl Sandburg Middle School 1.7 mi Public 5-8 1 3
      Empire Elementary School 1.8 mi Public PRESCHOOL-4 1 5
      Blackhawk Elementary School 1.9 mi Public PRESCHOOL-4 2-5 3
      Center Elementary School 2.0 mi Public PRESCHOOL-4 1 2
      Immanuel Lutheran School 2.1 mi Private PRESCHOOL-8 0 4
      Aquin Catholic Jr Sr High School 2.2 mi Catholic 7-12 0 4
      Norman C Sleezer Youth Home 2.4 mi Public 6-12 0 0
      Tri-county Christian School 2.5 mi Private PRESCHOOL-8 0 4
      Jones Farrar Magnet School 2.6 mi Public K-4 2 4
      Open Bible Learning Center 2.8 mi Private PRESCHOOL-6 0 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for Freeport, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.