Is Freedom, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Freedom is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Freedom was a Neutral Market.

Key Takeaway

Freedom is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Freedom, IN

How much do homes in Freedom, IN cost?

Median Sold Price

$375,000

$157/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$275,000(-42.3%)

Key Takeaway

Homes in Freedom have sold for 42.3% less than they did a month ago.

Summary: The median home sold price in Freedom was $375,000 in October 2024, down 42.3% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$250K
N/A
3 --
N/A
4 $650K$382.5K
-41.2%
5+ --
N/A

Summary: Freedom housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 41.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lafayette Township
-6.4%
Freedom
-42.3%

Housing Supply in Freedom, IN

How many homes are available in Freedom, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The Freedom real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 34
+33.3%
4 32
-33.3%
5+ 00
0.0%

Summary: The Freedom housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Freedom, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Freedom in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Freedom, IN

How long does it take to sell a home in Freedom, IN?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Freedom has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Freedom; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Freedom, IN

Nearby Markets to Freedom, IN

What housing markets are near Freedom, IN?