Is Freeland, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Freeland is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Freeland, PA

How much do homes in Freeland, PA cost?

Median Sold Price

$129,500

$57/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$23,500(+22.2%)

Key Takeaway

Homes in Freeland have sold for 22.2% more than they did a month ago.

Summary: The median home sold price in Freeland was $129,500 in December 2024, up 22.2% from last month, and the median price per square foot was $57.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $62K$89K
+43.5%
4 $150K$170K
+13.3%
5+ --
N/A

Summary: Freeland 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 43.5%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes did not change.

Housing Supply in Freeland, PA

How many homes are available in Freeland, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
42-50.0%

Summary: The Freeland real estate market had 2 homes for sale in December 2024, a 50.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

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

Summary: The Freeland 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Freeland, 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 Freeland in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Freeland, PA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
28 Days6 Days-78.9%

Summary: Homes in Freeland had an average of 6 days on market in Dec 2024, down by 78.9% compared to last month.

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 Freeland are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Freeland; 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 11 Days Ago

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