Is Strasburg, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$241,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Strasburg have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in Strasburg was $241,000 in March 2024, up 14.8% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | - | N/A |
| 2 Bedrooms | $192.4K | $215.9K | +12.2% |
| 3 Bedrooms | $208K | $267.1K | +28.4% |
| 4 Bedrooms | $275K | $244.9K | -10.9% |
| 5+ Bedrooms | $200K | $275.5K | +37.8% |
Summary: Strasburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 28.4%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 37.8%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $205K | $250K | +22.0% |
| Strasburg | $210K | $241K | +14.8% |
Housing Supply in Strasburg, OH
How many homes are available in Strasburg, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Strasburg real estate market had 13 homes for sale in March 2024, a 30.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Strasburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Strasburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Strasburg in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 66 Days | +84.3% |
Summary: Homes in Strasburg had an average of 66 days on market in Mar 2024, up by 84.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Strasburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Strasburg; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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