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 buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Freedom Township has remained a Buyer's Market.

Key Takeaway

Freedom Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Freedom Township, PA

How much do homes in Freedom Township, PA cost?

Median Sold Price

$250,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$119,500(-32.3%)

Key Takeaway

Homes in Freedom Township have sold for 32.3% less than they did a year ago.

Summary: The median home sold price in Freedom Township was $250,000 in February 2024, down 32.3% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$69.9K
N/A
2 $234K$289.9K
+23.9%
3 $441K$247.5K
-43.9%
4 $542.5K$375K
-30.9%
5+ -$176.2K
N/A

Summary: Freedom Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.9%, 3 bedroom homes decreased by 43.9%, 4 bedroom homes decreased by 30.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cumberland Township
+7.6%
Freedom Township
-32.3%

Housing Supply in Freedom Township, PA

How many homes are available in Freedom Township, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2219-13.6%

Summary: The Freedom Township real estate market had 19 homes for sale in February 2024, a 13.6% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 139
-30.8%
4 34
+33.3%
5+ 20
-100.0%

Summary: The Freedom Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
81-87.5%

Asking Price vs. Sold Price

0 Homes Were 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 Freedom Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Freedom Township in February 2024, down by 87.5% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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

Feb 2023Feb 2024CHANGE
108 Days3 Days-97.2%

Summary: Homes in Freedom Township had an average of 3 days on market in Feb 2024, down by 97.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Freedom Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 1 homes were sold in Freedom Township; 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 28 Days Ago

Newest Listings in Freedom Township, PA

Nearby Markets to Freedom Township, PA

What housing markets are near Freedom Township, PA?