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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 Type0%
One Bedroom6.10%
Two Bedrooms27.30%
Three Bedrooms55.20%
Four Bedrooms9.10%
Five Bedrooms or more2.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1939
Median Value of occupied units$79,400
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size1.65
Median year structure was built1946
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9%
Home Equity Loan7.20%
Simple Mortgage48.60%
Debt Free35.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%