Freeport, Maine.
Typical home $685,447 (+3.5% in a year), asking rent $2,528 . Portland-South Portland, ME metro.
to buy the typical home at today's mortgage rate — +$2,172 (+152%) since Jan 2020.
- 1 year
- Up $23,425 +4%
- $662,022$685,447 since Sep 2025
- 5 years
- Up $153,464 +29%
- $531,983$685,447 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Freeport$3,598
- Maine$2,162
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Freeport, ME rose 3.5% over the past year — faster than the nation's +1.2%.
Living in Freeport, Cumberland County, Maine
Freeport, in Cumberland County, had 1,700 people in the 2020 census. Unemployment in Cumberland County was 2.6% in August 2026, and the county had 1.2% more jobs in 2025 than the year before. The most people in Cumberland County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Freeport is a small Maine community where home values and rents sit high, and the typical home costs a good deal to buy. Household incomes across Cumberland County are comfortable, and the commute to work is short for most people. Winters are cold and long, with plenty of snow, and summers are warm without being hot.
Work. Many residents work in schools, hospitals and social care, with professional and business services, shops, and banks, insurance and property close behind. The largest workplaces in town include RSU 05 Schools, Shaws Supermarkets and Wilbur's of Maine Chocolate Confections Freeport Factory. Across Cumberland County, jobs grew a little last year and unemployment stays low.
Things to do. Wolfe's Neck Woods State Park is a protected area in or beside town, good for walking and time outdoors. A short drive away are Winslow Memorial Park, a park, and the Peary–MacMillan Arctic Museum, a museum. Farther afield, the Portland Museum of Art is a longer drive away.
Report a mistake
- 15 mintypical commute
What people in Cumberland County work in
Employed residents by industry, from the Census survey. Cumberland County had 194,746 jobs in 2025, 1.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 30° and lows near 14°; warmest in July, with highs near 79° and lows near 60°. About 84 inches of snow and 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Gray weather station, 8 miles away (NOAA).
Largest workplaces in Freeport
- RSU 05 SchoolsSchool district482FTE
- Shaws SupermarketsSupermarkets and other grocery stores91
- Wilbur's of Maine Chocolate Confections Freeport FactoryCandy stores, chocolate, candy made on premises not for immediate consumption58
- Maine Course Hospitality Group - Freeport Hampton InnHotels23
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 172 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Ice stormsRelatively high
- Coastal floodingRelatively moderate
- HurricanesRelatively moderate
- LightningRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Freeport’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cumberland County and the Portland-South Portland, ME metro.
Freeport home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Freeport$685,447
- Maine$412,002
- United States$366,157
Sellers are cutting prices on about 1 in 4 Freeport listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Freeport24.80%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Freeport38
New listings per month
Sellers arriving at the market.
- Freeport15
Zip codes with a Freeport address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Freeport — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.