New Freedom, PA—17349
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Freedom, PA
As of Oct '25, the median home price in New Freedom, PA is $408,000, with a year-over-year change of 6.2%. This indicates that home prices in New Freedom, PA are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $408,000 | 6.2% |
| Single Family | $414,000 | 6.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $233,000 | 5.4% |
3 Bed | $356,000 | 5.6% |
4 Bed | $485,000 | 7.1% |
| 5 Bed | $521,000 | 5.3% |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,680 |
| Studio Rent | N/A | N/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/A | N/A |
% of Rental Stock
Property Listings — New Freedom, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in New Freedom, PA is 58. This is a increase of 46.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $475,000 | 27.0% |
Listing Count | 32 | 28.0% |
| Listings as % of Homes | 0.6% | 28.0% |
Days on Market | 58 | 46.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,940 | 11.0% |
% Under 18 | 20.5% | -16.3% |
% Seniors | 24.9% | 30.4% |
% WFH | 16.9% | 172.6% |
% w/ College Degree | 42.5% | 3.9% |
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
| Metric | Latest Census | 5-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% |
Mortgage and Risk — New Freedom, PA
New Freedom, PA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Loan Activity
No data available
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$630 | $2,000 | $1,370 |
| 2 Bedroom | $110 | $1,600 | $1,710 |
| 3 Bedroom | $640 | $1,680 | $2,320 |
| 4 Bedroom | N/A | N/A | $2,400 |
Affordability — New Freedom, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $408,000 |
| Median Household Income | $111,000 |