Foreclosure Homes in Freeport, IL

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View this home at Revere St Freeport IL 61032
$103,390 EMV

3 Bed | 2 Bath | 960 Sq. Ft.

View this home at S Float Ave Freeport IL 61032
$51,071 EMV
View this home at E Jefferson St Freeport IL 61032
$65,862 EMV
View this home at W Chestnut St Freeport IL 61032
$83,986 EMV

4 Bed | 2 Bath | 2,000 Sq. Ft.

View this home at Sunset Dr Freeport IL 61032
$163,250 EMV

3 Bed | 2 Bath | 2,876 Sq. Ft.

View this home at S Baileyville Rd Freeport IL 61032
$149,471 EMV

2 Bed | 2 Bath | 2,515 Sq. Ft.

View this home at S Chicago Ave Freeport IL 61032
$56,736 EMV

3 Bed | 1 Bath | 1,648 Sq. Ft.

View this home at Shepard Dr Freeport IL 61032
$186,528 EMV

| 0 Sq. Ft.

View this home at W Cleveland St Freeport IL 61032
$89,628 EMV

4 Bed | 2 Bath | 1,536 Sq. Ft.

View this home at S Maple Ave Freeport IL 61032

3 Bed | 1 Bath | 2,629 Sq. Ft.

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Home Value Estimator For Freeport, IL

There are currently 10,440 real estate properties in Freeport, IL, with a median automated valuation model (AVM) price of $109,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Freeport, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Freeport, IL, is $130,859.00, with the most expensive house in Freeport, IL, topping out at $1,450,000.00 and the cheapest home in Freeport, IL, clocking in at $15,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Freeport, IL!

Rent Prices In Freeport, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Freeport, IL, is on a rollercoaster ride. The average rent price in Freeport, IL, is $1,087.00. Indeed, when looking to rent in Freeport, IL, you can expect to pay as little as $450.00 or as much as $2,680.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Freeport, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Freeport, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Freeport, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Freeport, IL and much more. Save thousands at closing with home foreclosure listings in Freeport, IL — up to 75% off market value!

Top Reasons To Live In Freeport, IL In 2023

Freeport is located in Stephenson, Illinois, with an estimated municipal population of 23,775 residents. All of the best foreclosed homes for sale in Freeport are located in the following zip code areas on 61032. The estimated population per square kilometer (.62 miles) in Freeport is 787.

Cost Of Living In Freeport, IL

So, about how much do homes cost in Freeport? The most recent median value of resident-owned homes in Freeport is 74,184. An estimated 58.6 percent of households in Freeport own their homes, with an average family size of 2.8. The median household income in Freeport is 39,975, with11.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Freeport, the median commute time of resident workers (in minutes) is 19.7. And last, but certainly not least, are you looking for homes to rent in Freeport? If so, the average rent price paid by renters in Freeport is 653, according to recent statistics.

Diversity And Demographics In Freeport, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Freeport, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Freeport is 41.6, split between 45.9 percent male versus 54.1 female. The percentage of residents who report being married in Freeport is 43.5, with an average family size of 2.8.

The percentage of residents who report their race in Freeport is as follows:

White 75.6%
Black / African American 17.2%
Asian 1.4%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.2%
Other 0.5%

Looking for family-friendly neighborhoods in and/or near Freeport? Or maybe you are searching for 55+ active adult communities in and/or near Freeport?

The percentage of residents who report their age in Freeport is as follows:

Under 10 14.5%
Aged 10-19 10.5%
20s 11.8%
30s 11.1%
40s 10.3%
50s 12.5%
60s 13.5%
70s 8.7%
80+ 7.2%

Best Schools In Freeport, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Freeport with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Freeport.

Pros And Cons Of Living In Freeport, Illinois

How do you know that living in -- or moving to -- Freeport is right where you need to be? Perhaps you grew up in Freeport or already live nearby; therefore, the decision to buy a home in Freeport is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Freeport for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Freeport:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Freeport.

Reasons To Move To Freeport, Illinois, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Freeport can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Freeport, meanwhile, can field multiple offers from more qualified buyers.

Freeport, IL Foreclosures


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