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IN area data

Freedom, IN

Freedom, IN.

Population: 1,662 (Census ACS)

The median home value in Freedom, IN is $235,837 — up 4.0% over the past year. Homes sell for a median $175,800 after a median 9 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with landslide, strongwind the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$235,837

Median home value

+4.0%

1-year change

9

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$235,837
1-year appreciation
+4.0%
3-year appreciation
+8.6%
5-year appreciation
+21.3%
10-year appreciation
+87.7%
All-time peak (2026-04)
$238,466
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$175,800
Median list price
$289,000
1-year sale-price change
-37.2%
Median days on market
9 days
Homes sold (recent period)
2
For-sale inventory
6
Sale-to-list ratio
106.0%
Active listings
3
1-year forecast
+0.1%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$750/mo
1BR fair-market rent
$937/mo
2BR fair-market rent
$1,156/mo
3BR fair-market rent
$1,502/mo
4BR fair-market rent
$1,734/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
landslide, strongWind
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 10% of US counties
Buildings in wildfire direct-exposure zone
86.0%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Franklin Street Groundwater Contamination (8.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
52.7 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
2.2 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
2,841
Jobs reachable by transit (45 min)
3,331

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
George Rogers Clark National Historical Park (51 mi)
Airports within 30 mi
27
Nearest airport
Miller Airport (6 mi)
Nearest major airport
Monroe County Airport (BMG) (17 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
INDIANA UNIVERSITY HEALTH BLOOMINGTON HOSPITAL, MONROE HOSPITAL
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+108 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,992
Housing built before 1970
24.0%
Housing built 2000 or later
31.5%
Median annual property tax
$786
Households with broadband internet
39.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,730
Average weekly wage
$1,105
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
116

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

FreedomState medianUS median
Median home value$235,837$237,170$289,727
Median sale price$175,800$238,000$325,000
Median days on market9 days38 days51 days
Median annual property tax$786$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Freedom, IN?
$235,837.
What is the median sale price in Freedom, IN?
$175,800.
How long do homes take to sell in Freedom, IN?
Median days on market: 9 days.
What is typical rent in Freedom, IN?
2-bedroom fair-market rent: $1,156/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Freedom, IN?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: landslide, strongWind.
Is Freedom, IN in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Freedom, IN?
Risk to homes is higher than 10% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Freedom, IN?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Freedom, IN?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Freedom, IN walkable?
Walkability index: 2.2/20 (EPA Smart Location Database).
What is the cost of living in Freedom, IN?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Freedom

Selling a home in Freedom, IN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents