$3,800 Closing Credit*
$319,990
1,944 SqFt
3 Beds
•2 Full Baths
Kevin Michael Mechling, Listing Office: Real Broker, LLC
Is New 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, New Freedom has remained a Seller's Market.
Key Takeaway
New Freedom is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Freedom, PA
How much do homes in New Freedom, PA cost?
Median Sold Price
$412,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,050(+14.5%)
Key Takeaway
Homes in New Freedom have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in New Freedom was $412,000 in November 2024, up 14.5% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $458K | $247.5K | -46.0% |
| 3 Bedrooms | $327.5K | $350K | +6.9% |
| 4 Bedrooms | $365K | $459.9K | +26.0% |
| 5+ Bedrooms | $460K | $468.5K | +1.9% |
Summary: New 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 46%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 26%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| New Freedom | $359.9K | $412K | +14.5% |
| Shrewsbury Township | $329.9K | $350K | +6.1% |
Housing Supply in New Freedom, PA
How many homes are available in New Freedom, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The New Freedom real estate market had 23 homes for sale in November 2024, a 4.5% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The New 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 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 New Freedom, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in New Freedom in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for New Freedom, PA
How long does it take to sell a home in New Freedom, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +23.4% |
Summary: Homes in New Freedom had an average of 25 days on market in Nov 2024, up by 23.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Freedom are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in New 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.
