Is Freeport, PA 16229 a buyer’s or seller’s market?
Freeport is a seller’s market. With about 2.8 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Freeport housing market right now
In the three months ending August 31, 2026, 50% of homes in Freeport, PA 16229 sold above their list price, the typical home went under contract in 61 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold more slowly (52 days then) and the median sale price rose 71% to $293,373. Overall, Freeport is more competitive than a year ago, so tougher for buyers.
Within Armstrong County, homes here sell faster than in 69% of the county’s ZIP codes, and sell more often over asking than in 94%.
Nearby, buyers who want less competition could look at Templeton 16259 (0% sold over asking) or Rural Valley 16249 (0% sold over asking), while Shelocta 15774 (67% sold over asking) is even more competitive.
Run the numbers for 16229
Nearby markets
Adrian 16210Seller’s market $78 /sq ftAvonmore 15618Buyer’s market $40 /sq ftCadogan 16212 $103 /sq ftCowansville 16218Buyer’s market $42 /sq ft Browse all markets →Towns like Freeport nearby
Find towns like Freeport in other states →Where Freeport is
Loading map…
Questions about Freeport real estate
Is Freeport a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Freeport, PA 16229 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Freeport?
The typical home went under contract in 61 days in the latest three months.
Do homes in Freeport sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.8% of the list price.
What are property taxes in Freeport?
About 1.37% of a home’s value a year in Armstrong County, or roughly $5,480 on a $400,000 home.
What is the median home price in Freeport?
The median sale price was $293,373 in the three months ending August 31, 2026, about $183 per square foot.
Local agents
See all agents in 16229 →No sponsored agents in 16229 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 16229
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology