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Housing in Freeland · A strong seller's market

A typical Freeland home is worth about $307,000

Up 6.8% in a year, 15% above the Michigan typical home. Homes typically sell in 27 days, below asking.

Typical home value
$307K
▲ 6.8% in a year · MI $266K
Zillow
Median sale price
$359K
May 2026 · Redfin
Days on market
27
Slower than MI (24)
Sale-to-list
96.1%
Homes sell below asking
Homes sold
9
in May · 17 for sale
2-bedroom rent
$1,320
a month, utilities in · HUD
Median tax bill
$3,495
MI $2,904

What kind of housing town is Freeland?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Up 37.1% in five years

Faster than Michigan (24.1%).

FreelandMichigan
$100K$150K$200K$250K$300K$350K20182020202220242026
Show as a table
JanuaryFreelandMichigan
2017$160,000$144,000
2018$166,000$155,000
2019$172,000$165,000
2020$183,000$175,000
2021$204,000$194,000
2022$226,000$217,000
2023$247,000$230,000
2024$261,000$241,000
2025$278,000$253,000
2026$299,000$262,000
August 2026$307,000$266,000
Then & now

A typical Freeland home worth $158K in September 2016 is worth about $307K today.

+$150K
+6.8%
past year
+37.1%
past 5 years
+95.1%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Market temperature

A strong seller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Seller’s marketA strong seller's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

1.9
months of supply · MI 2.6
27
days to sell · MI 24
96.1%
of asking price, at sale
11.1%
sold above asking
12.5%
under contract within 2 weeks
7
new listings in May

Redfin Data Center, all residential sales, May 2026.

The homes

84% of Freeland households own their home

Half of Freeland’s homes were built before 1995.

Owners and renters
Own 84%Rent 16%

Michigan: 73% own.

1995
typical home built · MI 1972
$3,495
median property tax bill · MI $2,904
1.31%
of a home’s value, a year in tax · MI 1.25%

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 2.8 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about
$409,000
Typical Freeland home $307K

That covers a typical Freeland home, with $101K to spare.

The typical home, each month
$1,950
Loan $1,520Tax $340Insurance $90

A two-bedroom rents for about $1,320 a month here, $630 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Freeland’s typical property tax (1.31% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,320

Renters already here pay a median of $1,245.

Fair Market Rent a month, utilities included

Studio$920
1 bedroom$1,010
2 bedrooms$1,320
3 bedrooms$1,710
4 bedrooms$1,770
16%
of households rent · MI 27%
325
renter households
35%
of renters spend 30%+ of income on rent · MI 50%
14%
of the median income, for a two-bedroom
$1,245
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bay City, MI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Freeland vs. its neighbors

Freeland is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Freeland$307K+6.8%$1,320—$110,547
Tittabawassee$276K*+7.9%†$1,32041$107,146
Ingersoll$190K*+8.6%†$1,2103$99,063

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Freeland buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Freeland is a strong seller's market. Is that what you’re seeing?

Your answer becomes a post in Town Square.

Start the conversation

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. The calculator is an estimate, not a loan offer.

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