Is East Freedom, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Freedom is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in East Freedom, PA

How much do homes in East Freedom, PA cost?

Median Sold Price

$195,000

$73/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$12,000(+6.6%)

Key Takeaway

Homes in East Freedom have sold for 6.6% more than they did a month ago.

Summary: The median home sold price in East Freedom was $195,000 in December 2024, up 6.6% from last month, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$42.5K
N/A
2 $65K-
N/A
3 $200K$210K
+5.0%
4 $183K-
N/A
5+ --
N/A

Summary: East Freedom housing prices by bedroom type for December 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 increased by 5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East Freedom
+6.6%
Taylor Township
0.3%

Housing Supply in East Freedom, PA

How many homes are available in East Freedom, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
98-11.1%

Summary: The East Freedom real estate market had 8 homes for sale in December 2024, a 11.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 55
0.0%
4 11
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Nov 2024Dec 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Freedom, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in East Freedom in December 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for East Freedom, PA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
18 Days18 Days0.0%

Summary: Homes in East Freedom had an average of 18 days on market in Dec 2024, the same as last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in East Freedom; 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.

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

Report Updated 2 Days Ago

Newest Listings in East Freedom, PA

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