The story of this market
The typical home in ZIP 15042 sells for about $231,800, or $137 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,583 a month.
ZIP 15042 — Freedom
The housing market in 15042 remains stable with modest price appreciation driven by low inventory and steady demand. Buyers are finding a balanced market, though the older demographic profile and limited new construction keep turnover relatively low compared to urban centers.
This ZIP is well-suited for families and older adults seeking a quiet, suburban lifestyle with affordable housing costs and a manageable commute to the Pittsburgh metro area.
Median prices moved up 3.2% year over year.
Homes spend a median of 48 days on market with 3.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 8.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 15042, Beaver County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Freedom area are generally lower than the national average, with property crime being the most frequently reported incident type.
Schools serving the area are primarily part of the Freedom Area School District, which maintains a stable academic reputation within Beaver County.
The area faces moderate risk from riverine flooding due to its proximity to the Ohio River, requiring standard flood insurance considerations for low-lying parcels.
Economic momentum is driven by proximity to the Pittsburgh metro industrial corridor and regional logistics hubs, with steady but modest residential development.
Property taxes are levied by the municipality, Beaver County, and the Freedom Area School District; the area does not utilize MUDs or PIDs common in other states.
Residents primarily commute by car toward the Pittsburgh employment core via PA-65, with average commute times reflecting a suburban-to-urban transit profile.
The area features access to the Ohio River for boating and fishing, local community parks, and proximity to regional golf courses and shopping centers in nearby Beaver.
The rental market is characterized by low vacancy pressure and steady demand from long-term residents, with limited short-term rental inventory.
The local economy is anchored by manufacturing, healthcare, and logistics sectors, benefiting from the broader Pittsburgh regional industrial base.
Transportation is heavily reliant on private vehicles, with PA-65 serving as the primary arterial route connecting the area to Pittsburgh.
Development is primarily focused on small-scale residential infill and commercial revitalization within the existing town footprint.
The Beaver County Assessment Office manages property valuations, with periodic reassessments conducted to align with market values.
Parcels are subject to standard municipal, county, and school district tax levies; no special utility or hospital districts are noted.
Property insurance premiums are influenced by regional weather patterns and flood risk zones near the river, remaining generally stable.
Data retrieved from U.S. Census Bureau ACS 5-year estimates for ZCTA 15042.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local park providing green space and recreational facilities for residents.
Provides regional access for boating, fishing, and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.