Is Freeport, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Freeport was a Seller's Market.
Key Takeaway
Freeport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Freeport, PA
How much do homes in Freeport, PA cost?
Median Sold Price
$176,250
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Freeport have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in Freeport was $176,250 in April 2024, up 15.5% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $44K | N/A |
| 2 Bedrooms | $37.5K | $150K | +300.0% |
| 3 Bedrooms | $160K | $164K | +2.5% |
| 4 Bedrooms | $205K | $239K | +16.6% |
| 5+ Bedrooms | - | $457.5K | N/A |
Summary: Freeport 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 300%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Buffalo Township | $205.5K | $255.2K | +24.2% |
| Freeport | $152.5K | $176.2K | +15.5% |
| Buffalo Township | $300K | $330K | +10.0% |
| Sarver | $306.5K | $327.4K | +6.8% |
| Natrona Heights | $163K | $165.5K | +1.5% |
Housing Supply in Freeport, PA
How many homes are available in Freeport, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The Freeport real estate market had 15 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Freeport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Freeport, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Freeport in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Freeport, PA
How long does it take to sell a home in Freeport, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 86 Days | 126 Days | +46.0% |
Summary: Homes in Freeport had an average of 126 days on market in Apr 2024, up by 46% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Freeport has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Freeport; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
