Friedens Housing Market Report January 2025•Somerset County, Pennsylvania

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Housing Prices in Friedens, PA

How much do homes in Friedens, PA cost?

Housing Market Conditions

Is Friedens, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Friedens is a Seller's Market

Difference Since December 2024

Last month, Friedens was a Neutral Market.

Insight

Friedens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$200,000$92/SqFt
+$10,000
+5.3%

Based on all homes sold in January 2025

Insight

Homes in Friedens have sold for 5.3% more than they did a month ago.

Summary: The median home sold price in Friedens was $200,000 in January 2025, up 5.3% from last month, and the median price per square foot was $92.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Stonycreek Township
+11.4%
Friedens
+5.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2--
N/A
3$250K$265.4K
+6.2%
4$130K$156.7K
+20.5%
5-$50K
N/A

Summary: Friedens housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +6.2%. The home price for 4 bedroom homes increased by +20.5%. The home price for 5 bedroom homes did not change.

Housing supply in Friedens, PA

How many homes are available in Friedens, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
13Last MonthJan 2025
142 months agoDec 2024
-7.1 %
Change MoMDec – Jan

Summary: The Friedens real estate market had 13 homes for sale in Jan 2025, a 7.1 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthJan 2025
22 months agoDec 2024
+200.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
211
0.0%
399
0.0%
432
-33.3%
511
0.0%

Summary: Friedens housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Friedens, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Friedens, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Friedens in January 2025, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and and 67% were sold over asking.

Days on Market for Friedens, PA

How long does it take to sell a home in Friedens, PA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days3 Homes

Insight

Most homes in Friedens are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 6 homes were sold in Friedens; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
108 DaysLast MonthJan 2025
50 Days1 month agoDec 2024
+117.6 %
Change MoMDec – Jan

Summary: Homes in Friedens had an average listing age of 108 days in Jan 2025, up by 117.6% compared to the previous month.

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Newest Listings in Friedens, PA

What homes are available in Friedens, PA?

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Nearby markets

Nearby markets aren't available for Friedens, PA

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MLS Disclaimers and Copyright

Based on information from Cambria-Somerset Association of Realtors MLS, and West Penn Multi-List Inc. for the period 12/01/2024 - 02/01/2025

Listing information provided in part by the Cambria Somerset Association of Realtors MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © 2025 Cambria Somerset Association of Realtors MLS 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/28/2025, 11:16:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/28/2025, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.