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Freeville

Learn about the people, housing, costs and businesses in Freeville, New York

Median Home$217,200
Median Rent$1,015/month
Population565
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Manufacturing31% public administration
Home Value Growth⬆⬆⬆+40.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners68% of occupied units
NotableTransit89/100 · excellent transit access
Freeville
NY

Frequently Asked Questions

What are today's mortgage rates in Freeville?

As of today, the 30-year fixed mortgage rate for Freeville is approximately 6.997% (7.037% 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 Freeville?

The median home value in Freeville is $217k. The median monthly rent is $1,015. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Freeville?

Home values in Freeville have increased 40.6% over the past two years. This indicates a strong appreciation trend. 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 Freeville?

Based on a typical all-in ownership cost of $1,274/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Freeville is $83k/year.

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What industries drive the economy in Freeville?

The largest employment sectors in Freeville are public administration (31%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.