Real Estate Market Update for Freeport, IL
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 32% from one year earlier, and up 18% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 120-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 26%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 50-thousand dollars. The number of units sold increased 50% year-over-year, and held steady month-over-month. These latest figures are encouraging news for both buyers and sellers, indicating a positive trend in the marketplace. 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 2 5
      Aquin Elemementary 1.4 mi Catholic PRESCHOOL-6 0 0
      Taylor Park Elem School 1.5 mi Public PRESCHOOL-4 2 3
      Freeport High School 1.5 mi Public 9-12 2 3
      Freeport Jr High School 1.7 mi Public 5-8 1 0
      Freeport Alternative High School 1.7 mi Public 9-12 0 0
      Carl Sandburg Middle School 1.7 mi Public 5-8 2-5 3
      Empire Elem School 1.8 mi Public PRESCHOOL-4 3 5
      Blackhawk Elem School 1.9 mi Public PRESCHOOL-4 2 3
      Center Elem School 2.0 mi Public PRESCHOOL-4 2 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 PRESCHOOL-4 3 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.