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New Freedom, PA—17349

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$422,000
4.5% YoY Growth
Household Income
$111,000
17.8% YoY Growth
Days on Market
34
3.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$1,680
6.3% YoY Growth
1-Bed Rent
$2,000
72.4% YoY Growth
2-Bed Rent
$1,600
48.5% YoY Growth
3-Bed Rent
$1,680
31.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — New Freedom, PA

As of May '26, the median home price in New Freedom, PA is $422,000, with a year-over-year change of 4.5%. This indicates that home prices in New Freedom, PA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$422,0004.5%
Single Family $426,0004.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$247,0004.7%
    3 Bed
    		$370,0004.2%
    4 Bed
    		$497,0004.6%
    5 Bed $533,3083.6%
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    % of Housing Stock

    1 Bedroom
    2.0%
    2 Bedrooms
    13.1%
    3 Bedrooms
    42.5%
    4 Bedrooms
    34.3%
    5+ Bedrooms
    8.0%

    Rental Trends — New Freedom, PA

    As of July '25, Rentcast reports the average rent in New Freedom, PA is $1,680, with a year-over-year rent change of 6.3%. Per bedroom, the median rent as of July '25 in New Freedom, PA is 1-bedrooms: $2,000, 2-bedrooms: $1,530, 3-bedrooms: $1,700. The most common rental property sizes in New Freedom, PA are 2-bedroom and 3-bedroom, accounting for 38.2% and 34.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,680$1,680
    Studio Rent N/AN/A
    1 Bed Rent $2,000$2,000
    2 Bed Rent $1,600$1,530
    3 Bed Rent $1,680$1,700
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    19.1%
    2 Bedrooms
    38.2%
    3 Bedrooms
    34.5%
    4 Bedrooms
    8.2%

    Property Listings — New Freedom, PA

    As of May '26, Realtor.com reports that the median days on market for a home in New Freedom, PA is 34. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$495,000-29.0%
    Listing Count
    		2619.0%
    Listings as % of Homes0.6%19.0%
    Days on Market
    		34-3.0%
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    Demographics — New Freedom, PA

    As of the latest ACS Survey released in 2023, New Freedom, PA has a population of 7,940, which has increased by 11.0% over the past 5 years. New Freedom, PA is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 42.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		7,94011.0%
    % Under 18
    		20.5%-16.3%
    % Seniors
    		24.9%30.4%
    % WFH
    		16.9%172.6%
    % w/ College Degree
    		42.5%3.9%
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    As of the latest ACS Survey released in 2023, New Freedom, PA is a predominantly white area, with 92.7% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in New Freedom, PA is hispanic, making up 2.2% of the population. Foreign-born residents account for 3.7% of the population in New Freedom, PA, and this percentage has increased by 19.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		92.7%0.2%
    % Black
    		0.1%-97.7%
    % Hispanic
    		2.2%22.2%
    % Asian
    		0.3%-78.6%
    % Foreign Born
    		3.7%19.4%
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    Mortgage and Risk — New Freedom, PA

    New Freedom, PA lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — New Freedom, PA

    New Freedom, PA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		15
    Total Units Section 8
    		15
    % Rentals under Section 8
    		5.3%
    % Occupied Section 8
    		78.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$630$2,000$1,370
    2 Bedroom$110$1,600$1,710
    3 Bedroom$640$1,680$2,320
    4 BedroomN/AN/A$2,400

    Affordability — New Freedom, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$422,000
    Median Household Income$111,000

    New Freedom, PA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    17361

    Railroad

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    21053

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    17327

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    17363

    Frequently Asked Questions