Is Freemansburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Freemansburg was a Neutral Market.
Key Takeaway
Freemansburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Freemansburg, PA
How much do homes in Freemansburg, PA cost?
Median Sold Price
$259,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Freemansburg have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Freemansburg was $259,500 in May 2024, up 10.4% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $152.5K | +45.2% |
| 3 Bedrooms | $250K | $269K | +7.6% |
| 4 Bedrooms | $203.7K | $227.5K | +11.7% |
| 5+ Bedrooms | $160K | $588.5K | +267.8% |
Summary: Freemansburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.2%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 267.8%.
Median Sold Price Compared To Nearby Cities
| Freemansburg | $235K | $259.5K | +10.4% |
| Bethlehem | $305K | $325.5K | +6.7% |
| Bethlehem Township | $314.8K | $335.5K | +6.6% |
| Lower Saucon Township | $500K | $438.2K | -12.3% |
Housing Supply in Freemansburg, PA
How many homes are available in Freemansburg, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Summary: The Freemansburg real estate market had 2 homes for sale in May 2024, a 50.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Freemansburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Freemansburg, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Freemansburg in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Freemansburg, PA
How long does it take to sell a home in Freemansburg, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 21 Days | +200.0% |
Summary: Homes in Freemansburg had an average of 21 days on market in May 2024, up by 200% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Freemansburg are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Freemansburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
