Is Freedom, NY 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 November 2023

Since last year, Freedom has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Freedom, NY

How much do homes in Freedom, NY cost?

Median Sold Price

$179,500

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,000(+5.3%)

Key Takeaway

Homes in Freedom have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Freedom was $179,500 in November 2024, up 5.3% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $185K$139K
-24.9%
3 $158K$186K
+17.7%
4 $182.5K$306K
+67.7%
5+ $99K-
N/A

Summary: Freedom housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.9%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 67.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Yorkshire
+40.7%
Freedom
+5.3%
Arcade
-20.5%

Housing Supply in Freedom, NY

How many homes are available in Freedom, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The Freedom real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 10
-100.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Freedom housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Freedom in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Freedom, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days9 Days-21.7%

Summary: Homes in Freedom had an average of 9 days on market in Nov 2024, down by 21.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Freedom are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Freedom; 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.

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

Report Updated 21 Days Ago

Newest Listings in Freedom, NY

Nearby Markets to Freedom, NY