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 April 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

$250,610

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$59,340(-19.1%)

Key Takeaway

Homes in Freedom Township have sold for 19.1% less than they did a year ago.

Summary: The median home sold price in Freedom Township was $250,610 in April 2024, down 19.1% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$69.9K
N/A
2 $234K$240K
+2.6%
3 $195K$250.6K
+28.5%
4 $471.2K$312.5K
-33.7%
5+ -$176.2K
N/A

Summary: Freedom Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 28.5%, 4 bedroom homes decreased by 33.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cumberland Township
+11.3%
Freedom Township
-19.1%

Housing Supply in Freedom Township, PA

How many homes are available in Freedom Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
25250.0%

Summary: The Freedom Township real estate market had 25 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1616
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Freedom Township housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was 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. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Freedom Township in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% 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

Apr 2023Apr 2024CHANGE
37 Days38 Days+5.0%

Summary: Homes in Freedom Township had an average of 38 days on market in Apr 2024, up by 5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Freedom Township has remained consistent over time.

Summary: During April 2024, 7 homes were sold in Freedom Township; 29% of homes were sold within 30 days, 71% 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 18 Days Ago

Newest Listings in Freedom Township, PA

Nearby Markets to Freedom Township, PA

What housing markets are near Freedom Township, PA?