Housing · Freetown

Freetown, IN housing market

The typical Freetown home is worth about $281,000, up 2.7% in a year, 8% above the Indiana typical home.

Home values, sales, trends and how Freetown compares with the towns next door — updated as new data is published.

The market right now

Freetown at a glance

Typical home value
$281K
▲ 2.7% in a year · Zillow
Median sale price
$195K
May 2026 · Redfin
Homes sold
1
in May · 1 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

FreetownIndiana
$100K$150K$200K$250K$300K 20182020202220242026 Freetown $281K Indiana $260K
Show as a table
JanuaryFreetownIndiana
2017$151,000$135,000
2018$158,000$144,000
2019$163,000$154,000
2020$169,000$164,000
2021$199,000$183,000
2022$221,000$209,000
2023$237,000$227,000
2024$250,000$237,000
2025$270,000$249,000
2026$282,000$256,000
August 2026$281,000$260,000
The homes

Owners, rent & taxes

Homeownership
89.6%
Typical home built
1966

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,100

HUD's Fair Market Rent for a two-bedroom in Freetown is $1,100 a month, utilities included: roughly what a modest, recently rented unit costs.

1 bedroom
$940
a month, with utilities
2 bedrooms
$1,100
a month, with utilities
3 bedrooms
$1,440
a month, with utilities

Studio $810 · 4 bedrooms $1,730

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47235; Indianapolis-Carmel, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01