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The median home value in Freeport, ME is $703,480 as of 2026-07-31, up 2.9% from a year earlier.
Median Home Value
$703,480
Year-over-Year
+2.9%
Population
8,795
Freeport ranks #3 of 49 Maine cities tracked here by median home value, and sits 94.5% above the state's city median of $361,654. It sits in Cumberland County, where the county-wide median is $570,881.
Median household income in Freeport is $59,455, so the typical home value is about 11.8× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Freeport police recorded a violent crime rate of 57 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 1,057 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Freeport, that value is $703,480. That's up 2.9% from a year earlier. It is about 94.5% above the typical Maine city tracked here.
Homes in Freeport are more expensive than Cumberland County as a whole, where the median is $570,881 — a difference of about 23.2%.
Median household income here is $59,455, so the typical home value is about 11.8× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Freeport police reported 57 violent crimes per 100,000 residents, covering a population of about 8,795. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.