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FREELAND, WA 98249

Real Estate Market Report  ·  Island County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
24
⇧ 9.1% vs 22 last year
Pending
5
21% pending ratio
Median Price
$896,000
⇧ 21.2% vs $739,500 last year
Average Price
$2,748,925
⇩ 11.6% vs $3,110,910 last year
Days on Market
112
⇧ 33.3% vs 84 days last year

Market Context

Population: 4,372  ·  Density: 106.0/mi²  ·  Median household income: $95,250

Typical home value: $578,759  ·  Homeownership: 88.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FREELAND, WA real estate market (98249) currently shows 24 active listings, with 5 pending sales. Homes are averaging 112 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 112 days on market compared to 84 days last year.

The median listing price has risen 21.2% year-over-year, from $739,500 to $896,000.

Whether you are buying or selling in FREELAND, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 22 last year
  • Days on market: 112 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $896,000 (+21.2% YoY)
  • Average: $2,748,925 (-11.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.2 miles — 512 listings ($474,197,865 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98249Freeland, WA 982490.0 mi24$65,974,200$896,000$2,748,925
98253Greenbank, WA 982534.5 mi9$9,289,854$699,950$1,032,206
98340Hansville, WA 983407.9 mi13$12,303,057$749,500$946,389
98339Port Hadlock, WA 983399.5 mi9$5,090,958$574,555$565,662
98325Chimacum, WA 9832511.8 mi2$1,900,000$950,000$950,000
98239Coupeville, WA 9823913.0 mi34$25,259,280$645,000$742,920
98346Kingston, WA 9834613.7 mi36$32,167,080$823,695$893,530
98271Marysville, WA 9827114.9 mi64$45,741,696$714,950$714,714
98204Everett, WA 9820415.3 mi55$27,299,140$492,000$496,348
98026Edmonds, WA 9802615.9 mi88$102,943,720$899,950$1,169,815
98087Lynnwood, WA 9808716.6 mi78$59,813,286$680,000$766,837
98037Lynnwood, WA 9803717.2 mi41$37,114,840$819,990$905,240
98208Everett, WA 9820818.2 mi59$49,300,754$849,000$835,606

Frequently Asked Questions

How many homes are for sale in FREELAND, WA 98249?

As of January 2026, there are 24 active listings in FREELAND, WA (zip code 98249), compared to 22 the prior year.

What is the median home price in FREELAND, WA 98249?

The median listing price in FREELAND, WA 98249 is $896,000 as of January 2026, a 21.2% increase from $739,500 the prior year.

How long do homes stay on the market in FREELAND, WA?

Homes in FREELAND, WA 98249 spend an average of 112 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in FREELAND, WA 98249?

Based on current inventory and days-on-market data as of January 2026, FREELAND, WA 98249 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 112 days on market compared to 84 days last year.

How much can I save on real estate commission in FREELAND, WA?

With SELL123.com's maximum 3% commission, sellers in FREELAND, WA 98249 save an estimated $17,920 compared to a typical 5% commission on the median listing price of $896,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.