Home Insurance in Freeport, Minnesota
Homes in Freeport carry a median value of $223,200 - 18% lower than the Stearns County median.
The typical home in Freeport was built around 1973. About 41% of homes were built before 1960, about 20 points above Stearns County's 21%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Freeport breaks down to 93% single-family homes, 6% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Freeport, about 64% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Freeport has an owner-occupancy rate of 90% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.
79% of homes in Freeport are primarily heated with natural gas.
Stearns County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Stearns County had 160 active NFIP flood policies as of September 2026. See the full Stearns County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Minnesota is $1,988 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $223,200 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 90% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Stearns County | 160 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)