SIALIMStatistical Intelligence for America's Local Investment Markets

61032Freeport, IL Home Values

Typical home value $129,321 as of June 2026 · 9th of 9 in Freeport, IL

Typical value — June 2026
$129,321
observed, not a forecast
Past 12 months
+7.4%
trailing year-over-year change
Past 5 years
+42.3%
June 2021 to June 2026
Rank in metro
9th
of 9 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 61032, June 2021 to June 2026. This page shows observed data only; no forecast.

How 61032 compares in the Freeport, IL area

ZIP code 61032 (Freeport, IL) has a typical home value of $129,321 as of June 2026, ranking 9th of 9 ZIP codes tracked in the Freeport, IL area, more expensive than about 11% of ZIP codes in the metro. Prices here have moved +7.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +42.3%, from $90,858 in June 2021 to $129,321 in June 2026. Against observed rent, the typical home here sells for 10.7× the annual rent ($1,008/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Freeport, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Freeport.

Population and demographics

ZIP code 61032 has a population of 29,072, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 74.1% White, 12.5% Black or African American, 6.6% two or more races, 5.2% Hispanic or Latino, 1.3% Asian, 0.1% American Indian or Alaska Native, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
Career & Tech Educ Consortium2037 W Galena Ave, Freeport, IL1.3 mi
Lincoln-Douglas Elementary School1700 W Laurel St, Freeport, IL1.5 mi
RAP Freeport27 S State Ave, Freeport, IL1.7 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 61032?

$129,321 as of June 2026, the latest month Zillow has published observed data for.

Is 61032 an expensive ZIP code in the Freeport, IL area?

61032 ranks 9th of 9 ZIP codes in the Freeport, IL area by typical home value, more expensive than about 11% of ZIP codes in the metro.

How much have home values in 61032 changed over the past year?

+7.4% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 61032?

The typical home price is 10.7× the observed annual rent in this ZIP code ($1,008/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 61032?

29,072, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 61032?

Career & Tech Educ Consortium (1.3 mi), Lincoln-Douglas Elementary School (1.5 mi), RAP Freeport (1.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 61032?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Freeport, IL forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.