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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Freedom Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Freedom Township has remained a Seller's 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, PA

How much do homes in Freedom Township, PA cost?

Median Sold Price

$275,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+10.0%)

Key Takeaway

Homes in Freedom Township have sold for 10% more than they did a year ago.

Summary: The median home sold price in Freedom Township was $275,000 in October 2024, up 10% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $69.9K-
N/A
2 $226.2K$225K
-0.6%
3 $245K$305K
+24.5%
4 $375K$192.5K
-48.7%
5+ $147.5K$205K
+39.0%

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 decreased by 0.6%, 3 bedroom homes increased by 24.5%, 4 bedroom homes decreased by 48.7%, and 5+ bedroom homes increased by 39%.

Housing Supply in Freedom Township, PA

How many homes are available in Freedom Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
28280.0%

Summary: The Freedom Township real estate market had 28 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 86
-25.0%
3 1619
+18.8%
4 43
-25.0%
5+ 00
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 decreased by 25%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 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 Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Freedom Township in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Freedom Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days31 Days-18.2%

Summary: Homes in Freedom Township had an average of 31 days on market in Oct 2024, down by 18.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Freedom Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 9 Days Ago

Newest Listings in Freedom Township, PA

Nearby Markets to Freedom Township, PA