Market Overview
Home Prices in Freeland, WA
The median home value in Freeland, WA is $750,171 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Freeland are priced83% above average. Freeland is part of the Oak Harbor, WA metro area.
Over the past five years, Freeland home values have risen by approximately13.3%, reflecting steady appreciation in this market.
Price History
Freeland Home Price Trend
City Comparison
Freeland vs. National Median
At $750,171, homes in Freeland cost 83% above the national median of $410,000. Buyers in Freeland should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Freeland?
20% Down Payment
$150,034
on $750,171
Monthly P&I
$3,912/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,968/mo
incl. taxes & insurance
Income Needed
$198,720
gross annual (30% rule)
10% Down Option
$75,017
+ PMI applies
Loan Amount (20% dn)
$600,137
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 Freeland, WA?
The median home value in Freeland is $750,171 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Freeland?
Over the past year, home values in Freeland have decreased by 0.2%. Over five years, prices have risen approximately 13.3%.
How much do I need to earn to buy a home in Freeland?
To comfortably afford the median home price of $750,171 with a 20% down payment ($150,034) at today's rates (6.8%), you'd need a gross annual income of approximately $198,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Freeland compare to the national average home price?
The national median home value is approximately $410,000. At $750,171, homes in Freeland are 83% above the national average.
What metro area is Freeland part of?
Freeland is part of the Oak Harbor, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.