Why Live in Freeport
Freeport, Illinois, known as "Pretzel City," is a small city with a rich history and a population of approximately 23,000. The city has faced economic challenges, particularly with the decline of manufacturing industries, but remains home to significant employers like The Helm Group, The Morse Group, FHN Hospital, and Freeport School District No. 145. Freeport's historical significance is highlighted by the Lincoln-Douglas Debate Square, commemorating the 1858 Senate debate between Abraham Lincoln and Stephen A. Douglas. Attractions include Little Cubs Field, a replica of Wrigley Field, and Krape Park, featuring a vintage carousel and a waterfall. The city also boasts two public golf courses, Park Hills and The Freeport Club. Freeport's downtown area is undergoing revitalization efforts, with events like Pretzel City Brewfest and Music on Chicago concerts contributing to the lively atmosphere. The Lindo Theatre, a historic landmark, remains a downtown gem. Despite some economic uncertainties, Freeport offers affordable housing options, with median home prices around $120,000 and move-in ready bungalows and Craftsman homes starting at $50,000. However, the west side of Freeport has experienced flooding issues, impacting home prices in that area. U.S. Route 20 and Illinois Route 26 provide access to nearby cities, with Chicago O’Hare International Airport located 100 miles away.
Home Trends in Freeport, IL
On average, homes in Freeport, IL sell after 61 days on the market compared to the national average of 70 days. The median sale price for homes in Freeport, IL over the last 12 months is $99,900, up 54% from the median home sale price over the previous 12 months.
Median Sale Price
$99,900
Median Single Family Sale Price
$399,000
Median 2 Bedroom Sale Price
$126,500
Average Price Per Sq Ft
$103
Number of Homes for Sale
2
Last 12 months Home Sales
56
Median List Price
$135,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
54%