Freeport, MI Real Estate
According to census data in the year 2000 there were 165 housing units in Freeport.
This represents a 5.1% growth from 157 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 165 were located in what is classified as a rural area.
Homeownership rate in Freeport is about 80.5%.
Freeport's vacancy rate, including seasonal lodging, is about 3.6%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Freeport were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.10% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 55.20% |
| Four Bedrooms | 9.10% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $79,400 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.65 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 48.60% |
| Debt Free | 35.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
