Freeland, MI Real Estate
According to census data in the year 2000 there were 1,541 housing units in Freeland.
This represents a 185.9% growth from 539 in 1990.
Of those housing units, 1,195 were located in either urbanized areas or urban clusters, and 346 were located in what is classified as a rural area.
Homeownership rate in Freeland is about 82.6%.
Freeland's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Freeland were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 6.20% |
| Two Bedrooms | 18.20% |
| Three Bedrooms | 56.80% |
| Four Bedrooms | 16% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $119,200 |
| Median Price asked for vacant units | $144,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $387 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.30% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 52.50% |
| Debt Free | 28.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.9% |
