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Freeland, WA
Full City Profile · Washington · Island County County
3.2
/5.0
B
Good
1,966
Population
507/sq mi density
$90,945
Median Income
$51,344 per capita
$493,400
Home Value
$728,882 Zillow
$1,424
Median Rent
29.3% income on rent
52°F
Avg Temperature
274 sunny days/yr
108
Violent Crime/100K
1,295 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$90,945 median income, 2.5% unemployment
B+
Affordability
3.6 / 5.0
$493,400 home value, $1,424/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
B+
Education
3.6 / 5.0
32.5% bachelor's degree or higher
Housing Overview
Median Home Value
$493,400
75% above
US avg: $281,900
Median Rent
$1,424/mo
22% above
US avg: $1,163/mo
Homeownership Rate
76.8%
17% above US avg (65.4%)
Total Housing Units
1,266
Median year built: 1992
Home Value by Source
Census Median
$493,400
Zillow (ZHVI)
$728,882
Median Sale Price
$580,000
Median List Price
$707,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.8%
Owner-Occupied
23.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$1,424/mo
Market Indicators (Redfin)
Median Days on Market
94 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
44.4%
of listings with price reduction
Price Per Sq Ft
$397
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
76.8%
Complete Housing Data
Home Values
| Census Median Value | $493,400 |
| Zillow Home Value (ZHVI) | $728,882 |
| Median Sale Price | $580,000 |
| Median List Price | $707,500 |
| Price Per Sq Ft | $397 |
Rent
| Census Median Rent | $1,424 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 94 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 44.4% |
| Homes Sold | 4 |
| Active Inventory | 9 |
| Price Per Sq Ft | $397 |
Ownership & Stock
| Owner-Occupied | 76.8% |
| Renter-Occupied | 23.2% |
| Homeownership Rate | 76.8% |
| Total Housing Units | 1,266 |
| Median Year Built | 1992 |
| Rent Burden | 29.3% |