Markets/Illinois/Freeport

Freeport, IL Real Estate Market 2026

Investor-grade market analytics for Freeport, Illinois. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$162,063

+10.7% year-over-year

Est. Rental Yield

6.6%

gross annual

12-Month Forecast

-5.9%

base case (Zillow ZHVF)

-5.9% year-over-year

Market Momentum

➡️
Neutral
2.1mo supply · Score +1/7

Migration: Top 37% nationally

Income Migration

📉 Wealth Drain0.87x

In-migrants avg $47,415 AGI vs out-migrants $54,234

🏛️

Opportunity Zone Market

3 ZIP codes in Freeport are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Freeport Market Summary

Freeport, IL is experiencing strong growth with 10.7% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 2.62x, below the national average of 4.8x. Modest net positive migration (+53 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 6.61% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.6x (national avg 4.8x)
Median Household Income$61,943

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-8.8%
Base Case-5.9%
Bull Case-2.9%

Climate & Natural Hazard Risk

Freeport, IL's primary climate exposure is wind storms (70/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Freeport dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.