Freeport, ME Real Cost: Prices and Taxes

How Maine Taxes Work: Property Tax Plus a State Income Tax

As with every Maine market this site covers, Freeport is not New Hampshire: Maine levies a state personal income tax on top of local property tax bills, while coastal New Hampshire towns lean on property tax alone. That distinction matters here specifically because Freeport's mill rate, covered in detail below, sits toward the higher end of its own Casco Bay cluster, and a mill-rate comparison alone is not the whole story of what it costs to own here.

Anyone comparing Freeport's property tax bill to a lower-mill-rate neighbor like Cape Elizabeth or Portland should not stop at the nominal rate. Those towns post lower mill rates in part because of their own assessment bases and budgets, not because Maine's overall tax burden is lower there, and none of them offset a state income tax the way a New Hampshire town would, since Maine's income tax applies statewide regardless of which coastal town you settle in.

What a Freeport Home Actually Costs, By Zillow

Zillow's Home Value Index puts Freeport's typical home value at $654,317 as of a January 31, 2026 snapshot, up 2.6 percent year over year, with 14 active for-sale listings townwide at the time of that snapshot, a genuinely thin, low-inventory market for a town of roughly 8,700 residents.

A second figure, drawn from Movoto's market-trends aggregation of Redfin-sourced data, puts Freeport's median sale price at $849,900 for June 2026, with 30 homes sold that month, down from 34 the prior year, and an average 25 days on market, up from 19 the prior year. Rising days-on-market alongside falling sales volume, even as the sale price stays elevated, is a real, if modest, cooling signal worth noting alongside Zillow's still-rising typical-value figure.

That $849,900 figure needs one honest caveat: a direct fetch of Redfin's own Freeport city page returned only migration-trend data, that 39 percent of Freeport homebuyers were searching to move elsewhere while 61 percent searched to stay in the metro, not a sale-price or days-on-market figure. The $849,900 median comes from Movoto's own aggregation of Redfin-style data, not a first-party Redfin figure confirmed directly. Pull redfin.com's Freeport city page directly for a first-party confirmation before treating $849,900 as Redfin's own number.

A Real, Unresolved $330,000 Gap: Zillow Versus NeighborhoodScout

NeighborhoodScout separately reports a Freeport median home value of $985,005, nearly 50 percent above Zillow's $654,317 typical-value figure. NeighborhoodScout describes Freeport home values as not only among the most expensive in Maine but among the most expensive in all of America, and cites appreciation of 66.88 percent over the last five years and 114.03 percent over the last ten, both placed in the service's own self-reported top-ten-nationally percentile bands.

This is a real, large, and genuinely unreconciled discrepancy between two named sources, roughly $330,000 apart, quite possibly reflecting different methodologies, NeighborhoodScout's index may weight waterfront or large-lot properties differently than Zillow's typical-home-value measure, but the underlying cause of the gap was not confirmed. This page presents both figures with their own attribution rather than picking one, averaging them, or silently preferring the higher or lower number. Anyone relying on a single Freeport home-value figure should independently verify against a third source, ideally a directly fetched Census ACS or Redfin figure, before committing to one number.

A Census-Geography Trap: The Downtown CDP Is Not the Whole Town

Freeport has its own much smaller Census-designated place, informally the downtown village core, just 1.71 square miles with no water area and a 2020 population of 1,700, a small subset of the whole 8,737-person town rather than a synonym for it. Several online demographic aggregators report figures for this compact downtown CDP as though they described all of Freeport.

DataUSA, specifically, cites a 2024 median home value of $421,000 and a 2024 median household income of $59,455 for "Freeport, ME." Both figures appear to describe the small downtown CDP, not the whole town, since they sit far below every whole-town figure elsewhere in this research, including Zillow's $654,317 typical value and the roughly $107,000 to $109,000 whole-town household income range covered below. Do not use DataUSA's $421,000 or $59,455 as whole-town Freeport figures without first confirming DataUSA's underlying geography directly.

The Property Tax Mill Rate, Compared Across the Casco Bay Cluster

A multi-town compilation of FY2025-2026 mill rates puts Freeport's rate at $13.85 per $1,000 of assessed value, against Yarmouth's $14.55, Brunswick's $13.22, Portland's $11.98, Scarborough's $11.33, and Cape Elizabeth's $11.00. Freeport sits toward the higher end of this Greater Portland and Casco Bay cluster, meaningfully above Portland, Cape Elizabeth, and Scarborough, roughly in line with, very slightly above, Brunswick, and below Yarmouth.

Combined with Freeport's home value, $654,317 by Zillow's current index or $985,005 by NeighborhoodScout's, depending on which source is used, that mill rate is a real, sourced basis for a moderate-to-elevated property-tax-burden framing relative to nearby coastal Cumberland County towns. As above, always weigh Maine's state income tax alongside this mill-rate comparison rather than treating the mill rate alone as the full tax-burden story.

Who Lives Here: Two Independent Income Estimates, Neither a Primary Census Source

Two independently sourced, mutually corroborating estimates describe the whole Town of Freeport's income. World Population Review reports median household income of $107,326, with per-capita income of $60,313, a poverty rate of 8.55 percent, and married-family median household income of $156,393. Grokipedia's separately aggregated page cites $108,864 for 2023, alongside a homeownership rate near 78 percent.

Those two independent figures sit within 1.4 percent of each other, close enough to treat as a reasonably confirmed range, roughly $107,000 to $109,000, for the whole town, and genuinely higher than Maine's statewide median household income, which Grokipedia puts at $71,773, framing Freeport's figure as running about 52 percent above the state median. Neither of these two sources, however, is a primary U.S. Census Bureau QuickFacts page. Verify against census.gov/quickfacts directly before publishing a single precise whole-town household-income figure for Freeport.

What This Research Could Not Confirm

Several figures that would normally round out a real-cost picture were genuinely thin or unresolved in the research behind this page and should not be treated as settled. First, no first-party Redfin sale-price or days-on-market figure specific to Freeport was independently confirmed, the $849,900 median sale price above traces to Movoto's Redfin-sourced aggregation, not a direct Redfin fetch; check redfin.com directly.

Second, the roughly $330,000 gap between Zillow's $654,317 typical value and NeighborhoodScout's $985,005 median value was not resolved, both are presented above with attribution rather than averaged or silently chosen between. Third, no first-party U.S. Census Bureau American Community Survey median-home-value or median-household-income figure specific to the whole Town of Freeport, as opposed to the smaller downtown CDP reflected in DataUSA's figures, was independently confirmed; pull census.gov/quickfacts's Freeport town, Cumberland County, Maine page directly. Fourth, a specific, current oceanfront-versus-inland price premium for Freeport was not found in this research.

A Practical Checklist Before You Rely on Any Number Here

First, do not anchor to a single home-value figure. Zillow's $654,317, the Redfin-via-Movoto $849,900 median sale price, and NeighborhoodScout's $985,005 are three different measures from three different methodologies, and this page intentionally presents all three with attribution rather than picking a winner.

Second, confirm whichever household-income figure you rely on describes the whole Town of Freeport, roughly $107,000 to $109,000 per World Population Review and Grokipedia, and not the much smaller downtown Census-designated place that DataUSA's $59,455 figure appears to describe.

Third, verify the current mill rate directly with the Town of Freeport's assessing office before relying on the $13.85 figure here, and re-verify current Maine state income tax brackets with Maine Revenue Services. The two together, not the property tax rate alone, make up a Freeport buyer's real tax burden.

Confirm every figure on this page directly with the Town of Freeport, the U.S. Census Bureau, Maine Revenue Services, and a Maine-licensed real estate agent or tax professional before relying on it financially. Nothing here is tax, legal, or financial advice.