$9,500 Closing Credit*
$799,989
4,014 SqFt
4 Beds
•2 Full Baths, 1 Partial
Chelsea Ann Botley, Listing Office: Cummings & Co. Realtors
Is New Freedom, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$430,000
$161/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$15,000(+3.6%)
Key Takeaway
Homes in New Freedom have sold for 3.6% more than they did a month ago.
Summary: The median home sold price in New Freedom was $430,000 in October 2024, up 3.6% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $305.9K | $395K | +29.1% |
| 4 Bedrooms | $442.5K | $426K | -3.7% |
| 5+ Bedrooms | $425K | $514.9K | +21.2% |
Summary: New Freedom housing prices by bedroom type for October 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 29.1%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 21.2%.
Housing Supply in New Freedom, PA
How many homes are available in New Freedom, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Summary: The New Freedom real estate market had 24 homes for sale in October 2024, a 17.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 9 | -35.7% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The New Freedom 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 remained the same, 3 bedroom homes decreased by 35.7%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Freedom, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in New Freedom in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 13 Days | -45.2% |
Summary: Homes in New Freedom had an average of 13 days on market in Oct 2024, down by 45.2% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was 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 October 2024, 5 homes were sold in New Freedom; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
