Freeland WA Housing Market & Real Estate Update

Freeland, WA market dashboards point to a slower pace of closed sales, while active listings continue to span a wide range of price points. With limited recent closings, month-to-month metrics can shift quickly, so it can help to pair the sales data with current inventory and financing conditions.

Top takeaways

• Pricing (Redfin, January 2026): Median sale price was $600K (-4.0% YoY), and the median price per square foot was $349 (+37.4%).
• Market tempo (Redfin, January 2026): Homes spent a median of 41 days on market, and sales averaged 1.4% under list. Only 1 sale was reported for the month.
• Financing backdrop: Freddie Mac’s average 30-year fixed rate was 5.98% for the week ending Feb. 26, 2026.

Market snapshot

Zillow currently shows 45 active listings, indicating buyers have a meaningful set of options across condos, single-family homes, and acreage. With days-on-market elevated, the market can feel less like a sprint and more like a comparison process—where pricing strategy, inspection outcomes, and repair credits can have a bigger impact than they did during faster-moving periods.

For sellers, the combination of longer marketing times and a limited number of recent closings can put more emphasis on presentation and initial positioning. For buyers, the larger menu of choices may translate into more room to negotiate—especially on homes that have been sitting longer or need updates.

What’s for sale nearby

• Homes: Smaller homes are showing up around $490K–$565K, while several updated properties cluster near $900K–$1.2M.
• Land & waterfront: Vacant land listings range from about $25K lots up to roughly $325K for larger parcels; high-end waterfront estates appear in the $6.6M–$15M band.

What are you seeing locally right now: more price cuts, more showings, or more buyers waiting for rates to fall further?

Sources

• https://www.redfin.com/city/22749/WA/Freeland/housing-market
• https://www.zillow.com/freeland-wa/
• https://www.freddiemac.com/pmms