$416 Closing Credit*
$35,000
2 Beds
•1 Full Bath
Tammy Romesburg, Listing Office: Coldwell Banker Realty
Is Freedom, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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, PA
How much do homes in Freedom, PA cost?
Median Sold Price
$279,950
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,950(+12.0%)
Key Takeaway
Homes in Freedom have sold for 12% more than they did a year ago.
Summary: The median home sold price in Freedom was $279,950 in November 2024, up 12% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69.9K | - | N/A |
| 2 Bedrooms | $226.2K | $197K | -12.9% |
| 3 Bedrooms | $245K | $305K | +24.5% |
| 4 Bedrooms | $387.5K | $240K | -38.1% |
| 5+ Bedrooms | $241.2K | $122.5K | -49.2% |
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 12.9%, 3 bedroom homes increased by 24.5%, 4 bedroom homes decreased by 38.1%, and 5+ bedroom homes decreased by 49.2%.
Median Sold Price Compared To Nearby Cities
| New Sewickley Township | $290.8K | $342.5K | +17.7% |
| Freedom | $250K | $279.9K | +12.0% |
| Rochester Township | $136K | $137.5K | +1.2% |
Housing Supply in Freedom, PA
How many homes are available in Freedom, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Freedom real estate market had 26 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 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 decreased by 16.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Freedom, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Freedom in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Freedom, PA
How long does it take to sell a home in Freedom, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 53 Days | +76.7% |
Summary: Homes in Freedom had an average of 53 days on market in Nov 2024, up by 76.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Freedom are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Freedom; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
