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Freeland, WA Home Values and Rents

The typical home value in Freeland is $730,985, 187th highest of 386 cities and towns in Washington. Median rent is $1,237 a month.

Typical home value
$730,985
187th of 386 in WA
Median rent
$1,237/mo
ACS 2020-2024
Price change, 1 year
-0.9%
Sep 2026
Homeownership
73.4%
WA: 63.8%

Typical home value in Freeland

Zillow Home Value Index, all homes, middle tier

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PeriodFreeland
Sep 2026$730,985
Dec 2025$738,861
Dec 2024$734,685
Dec 2023$712,585
Dec 2022$719,894
Dec 2021$697,333
Dec 2020$571,768
Dec 2019$498,209
Dec 2018$470,303
Dec 2017$424,243
Dec 2016$392,007
Dec 2015$358,667
Dec 2014$332,254
Dec 2013$311,429
Dec 2012$291,871

Over five years, Freeland prices changed +6.6%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

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#ZIP codeMedian valueMedian rent1-year5-year
198249$627,400$1,566+0.8%+48.4%

Fair Market Rents, FY2027

HUD rent standard for Island County, WA

WA rents
Unit sizeMonthly rentvs FY2026
Studio$1,270+8.4%
1 bedroom$1,459+7.6%
2 bedrooms$1,824+9.2%
3 bedrooms$2,501+7.6%
4 bedrooms$2,987+9.3%

Frequently asked questions

What is the typical home value in Freeland, WA?
The typical home value in Freeland is $730,985 (Zillow Home Value Index, Sep 2026). The Washington median is $564,600.
How much is rent in Freeland?
The median rent in Freeland is $1,237 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,824.
Are home prices going up in Freeland?
The typical home value in Freeland changed -0.9% over one year and +6.6% over five years, as of Sep 2026.
How does Freeland compare with the rest of Washington?
Freeland has the 187th highest median home value of 386 cities and towns with 1,000+ residents in Washington.
Which ZIP code in Freeland has the highest home values?
ZIP code 98249 has the highest median home value at $627,400.