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Freeport, IL Real Estate


According to census data in the year 2000 there were 12,479 housing units in Freeport. This represents a 6.5% growth from 11,722 in 1990.

Of those housing units, 12,337 were located in either urbanized areas or urban clusters, and 142 were located in what is classified as a rural area.

Homeownership rate in Freeport is about 68.2%. Freeport's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Freeport were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom12.80%
Two Bedrooms31.70%
Three Bedrooms40.80%
Four Bedrooms10.90%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1953
Median Value of occupied units$71,600
Median Price asked for vacant units$78,800

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1952
Median Monthly Rent asked for vacant units$351

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.30%
Home Equity Loan7.30%
Simple Mortgage48%
Debt Free39.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%