Is Strasburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Strasburg was a Seller's Market.
Housing Prices in Strasburg, PA
How much do homes in Strasburg, PA cost?
Median Sold Price
$425,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Strasburg was $425,000 in May 2024, up 17.8% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $322.5K | $388K | +20.3% |
3 Bedrooms | $305K | $365K | +19.7% |
4 Bedrooms | $409.5K | $537.5K | +31.3% |
5+ Bedrooms | - | $970K | N/A |
Summary: Strasburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Strasburg | $360.7K | $425K | +17.8% |
Strasburg Township | $363.2K | $420K | +15.6% |
Housing Supply in Strasburg, PA
How many homes are available in Strasburg, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Summary: The Strasburg real estate market had 20 homes for sale in May 2024, a 17.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Strasburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Strasburg in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Strasburg, PA
How long does it take to sell a home in Strasburg, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 155 Days | +336.6% |
Summary: Homes in Strasburg had an average of 155 days on market in May 2024, up by 336.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Strasburg; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.