Is Strasburg, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Strasburg is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Strasburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Strasburg, OH

How much do homes in Strasburg, OH cost?

Median Sold Price

$250,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$9,500(+4.0%)

Key Takeaway

Homes in Strasburg have sold for 4% more than they did a year ago.

Summary: The median home sold price in Strasburg was $250,000 in September 2024, up 4% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $204.4K$242.4K
+18.6%
3 $267.1K$224.9K
-15.8%
4 $275K$268K
-2.5%
5+ $209K$520.5K
+149.0%

Summary: Strasburg housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.6%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 149%.

Median Sold Price Compared To Nearby Cities

Franklin Township
+5.3%
Strasburg
+4.0%

Housing Supply in Strasburg, OH

How many homes are available in Strasburg, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
910+11.1%

Summary: The Strasburg real estate market had 10 homes for sale in September 2024, a 11.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 46
+50.0%
4 41
-75.0%
5+ 00
0.0%

Summary: The Strasburg housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Strasburg, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Strasburg in September 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Strasburg, OH

How long does it take to sell a home in Strasburg, OH?

Average Sale Time

Sep 2023Sep 2024CHANGE
27 Days50 Days+87.7%

Summary: Homes in Strasburg had an average of 50 days on market in Sep 2024, up by 87.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Strasburg are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 3 homes were sold in Strasburg; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Strasburg, OH

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