History and Background

Freeport has a rich history dating back to the 1640s. Originally known as Raynor South and later Raynortown, it was renamed Freeport in 1853. The village was incorporated in 1892 and has since evolved from an oystering community to a popular resort town, and now primarily serves as a bedroom suburb with a modest commercial waterfront and some light industry.

Real Estate Market Conditions

As of August 2024, the Freeport real estate market shows the following trends:

• Median Sale Price: $593,000 (up 4.9% since last year)
• Median Price Per Square Foot: $386 (up 0.8% since last year)
• Average Days on Market: 35 days

The Freeport housing market is considered somewhat competitive. Homes typically receive multiple offers and sell for about 2% above list price. Hot homes can sell for about 7% above list price and go pending in around 16 days.

For more detailed market information, visit Redfin’s Freeport Market Trends.

Community Amenities and Attractions

Freeport offers a variety of amenities and attractions:

• Freeport Recreation Center: Features an enclosed year-round ice skating rink, indoor pool, and outdoor Olympic-size pool
• The Nautical Mile: A popular strip along Woodcleft Canal with seafood restaurants, bars, boutiques, and fresh fish markets
• Waterfront activities: Boating, fishing, and party cruise ships
• Annual Nautical Mile Festival: Held the first weekend in June
• Municipal Electric Utility: Provides lower electricity rates to residents

Transportation

Freeport is well-connected with various transportation options:

• Long Island Rail Road: Freeport station provides service to New York City
• Nassau Inter-County Express (NICE) Bus: Several routes serve Freeport, connecting it to other parts of Nassau County and Queens
• Major roadways: Easy access to Sunrise Highway and Meadowbrook State Parkway

Education

Freeport is served by the Freeport Union Free School District, which includes several elementary schools, middle schools, and Freeport High School.

Notable Features

• Rich entertainment history: Once home to many actors and entertainers
• Diverse community: Offers a mix of cultures and backgrounds
• Waterfront living: Canals provide access to the Atlantic Ocean
• Historical significance: Settlement dates back to the 1640s

Conclusion

Freeport, NY, offers a unique combination of suburban living, rich history, and waterfront charm. With its competitive real estate market, diverse community, and array of amenities, Freeport continues to be an attractive destination for residents and visitors alike. Whether you’re drawn to its nautical attractions, historical significance, or convenient location, Freeport provides a distinctive Long Island experience.