Freeland, PA—18224
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Freeland, PA
As of Oct '25, the median home price in Freeland, PA is $159,000, with a year-over-year change of 13.9%. This indicates that home prices in Freeland, PA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | 13.9% |
| Single Family | $160,000 | 13.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $168,000 | 9.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Freeland, PA
As of July '25, Rentcast reports the average rent in Freeland, PA is $1,350, with a year-over-year rent change of 11.6%. Per bedroom, the median rent as of July '25 in Freeland, PA is 2-bedrooms: $1,280, 3-bedrooms: $1,500. The most common rental property sizes in Freeland, PA are 3-bedroom and 2-bedroom, accounting for 47.2% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,280 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Freeland, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Freeland, PA is 60. This is a increase of 26.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $190,000 | 1.0% |
Listing Count | 18 | 2.0% |
| Listings as % of Homes | 0.5% | 2.0% |
Days on Market | 60 | 26.0% |
Demographics — Freeland, PA
As of the latest ACS Survey released in 2023, Freeland, PA has a population of 5,950, which has decreased by -2.0% over the past 5 years. Freeland, PA is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,950 | -2.0% |
% Under 18 | 20.4% | -1.0% |
% Seniors | 20.9% | -1.4% |
% WFH | 4.3% | 43.3% |
% w/ College Degree | 17.7% | 12.0% |
As of the latest ACS Survey released in 2023, Freeland, PA is a predominantly white area, with 84.6% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Freeland, PA is hispanic, making up 12.4% of the population. Foreign-born residents account for 3.0% of the population in Freeland, PA, and this percentage has increased by 7.1% 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 | 84.6% | -6.2% |
% Black | 1.0% | -41.2% |
% Hispanic | 12.4% | 74.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.0% | 7.1% |
Mortgage and Risk — Freeland, PA
According to HUD data as of 2023, there were 44 mortgage originations in Freeland, PA, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Freeland, PA. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Freeland, PA
Freeland, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 159 |
Total Units Section 8 | 159 |
% Rentals under Section 8 | 17.8% |
% Occupied Section 8 | 96.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | $90 | $1,200 | $1,290 |
| 3 Bedroom | $140 | $1,500 | $1,640 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Freeland, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $159,000 |
| Median Household Income | $57,400 |