Is Freeport, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Freeport has remained a Seller's Market.
Housing Prices in Freeport, PA
How much do homes in Freeport, PA cost?
Median Sold Price
$169,350
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Freeport was $169,350 in May 2024, down 8.5% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $44K | N/A |
2 Bedrooms | $105K | $160K | +52.4% |
3 Bedrooms | $177.5K | $160K | -9.9% |
4 Bedrooms | $388.5K | $239K | -38.5% |
5+ Bedrooms | $320K | $595K | +85.9% |
Summary: Freeport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.4%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 85.9%.
Median Sold Price Compared To Nearby Cities
Natrona Heights | $161K | $167K | +3.7% |
Buffalo Township | $315.3K | $325K | +3.1% |
Sarver | $318.7K | $322.4K | +1.2% |
Freeport | $185K | $169.3K | -8.5% |
Housing Supply in Freeport, PA
How many homes are available in Freeport, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Summary: The Freeport real estate market had 10 homes for sale in May 2024, a 16.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Freeport housing inventory by bedroom type for May 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 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Freeport in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 19 Days | -22.0% |
Summary: Homes in Freeport had an average of 19 days on market in May 2024, down by 22% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Freeport; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.