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Freelandville

Learn about the people, housing, costs and businesses in Freelandville, Indiana

Median Home$100,800
Median Rent$689/month
Population673
Leading IndustriesPublic Administration · Education29% public administration
Home Value Growth+8.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners79% of occupied units
NotableAffordable Market$101k median home · lower cost than 92% of the country
Freelandville
IN

Frequently Asked Questions

What are today's mortgage rates in Freelandville?

As of today, the 30-year fixed mortgage rate for Freelandville is approximately 7.005% (7.045% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Freelandville?

The median home value in Freelandville is $101k. The median monthly rent is $689. Annual property taxes average $565. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Freelandville?

Home values in Freelandville have increased 8.9% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Freelandville?

Based on a typical all-in ownership cost of $688/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Freelandville is $69k/year.

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What industries drive the economy in Freelandville?

The largest employment sectors in Freelandville are public administration (29%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.