Market Overview
Home Prices in Freeman, MO
The median home value in Freeman, MO is $214,538 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.8% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Freeman are priced48% below average. Freeman is part of the Kansas City, MO-KS metro area.
Over the past five years, Freeman home values have risen by approximately31.7%, reflecting strong long-term appreciation in this market.
Price History
Freeman Home Price Trend
City Comparison
Freeman vs. National Median
At $214,538, homes in Freeman cost 48% below the national median of $410,000. This makes Freeman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Freeman?
20% Down Payment
$42,908
on $214,538
Monthly P&I
$1,119/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,421/mo
incl. taxes & insurance
Income Needed
$56,840
gross annual (30% rule)
10% Down Option
$21,454
+ PMI applies
Loan Amount (20% dn)
$171,630
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Freeman, MO?
The median home value in Freeman is $214,538 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.8% year-over-year.
How much have home prices changed in Freeman?
Over the past year, home values in Freeman have increased by 13.8%. Over five years, prices have risen approximately 31.7%.
How much do I need to earn to buy a home in Freeman?
To comfortably afford the median home price of $214,538 with a 20% down payment ($42,908) at today's rates (6.8%), you'd need a gross annual income of approximately $56,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Freeman compare to the national average home price?
The national median home value is approximately $410,000. At $214,538, homes in Freeman are 48% below the national average.
What metro area is Freeman part of?
Freeman is part of the Kansas City, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.