$3,669 Closing Credit*
$309,000
1,692 SqFt
3 Beds
•2 Full Baths
Amanda Hunt, Listing Office: New Vision Realty
Is Freedom Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Freedom Township was a Neutral Market.
Key Takeaway
Freedom Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Freedom Township, OH
How much do homes in Freedom Township, OH cost?
Median Sold Price
$258,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$59,250(+29.8%)
Key Takeaway
Homes in Freedom Township have sold for 29.8% more than they did a year ago.
Summary: The median home sold price in Freedom Township was $258,000 in October 2024, up 29.8% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142K | $146.8K | +3.4% |
| 3 Bedrooms | $198.7K | $258K | +29.8% |
| 4 Bedrooms | $264.9K | $300K | +13.2% |
| 5+ Bedrooms | - | $278K | N/A |
Summary: Freedom Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 29.8%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Freedom Township | $198.7K | $258K | +29.8% |
| Hiram Township | $217.5K | $261K | +20.0% |
| Garrettsville | $225.5K | $267K | +18.4% |
| Windham Township | $162.7K | $170K | +4.4% |
Housing Supply in Freedom Township, OH
How many homes are available in Freedom Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The Freedom Township real estate market had 9 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Freedom Township 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 increased by 100%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Freedom Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Freedom Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Freedom Township, OH
How long does it take to sell a home in Freedom Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 34 Days | +142.9% |
Summary: Homes in Freedom Township had an average of 34 days on market in Oct 2024, up by 142.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Freedom Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Freedom Township; 67% 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.
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