Is North Strabane Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, North Strabane Township has remained a Seller's Market.
Housing Prices in North Strabane Township, PA
How much do homes in North Strabane Township, PA cost?
Median Sold Price
$341,632
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in North Strabane Township was $341,632 in February 2024, up 8.9% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94.9K | $39K | -58.9% |
2 Bedrooms | $176.2K | $202.5K | +14.9% |
3 Bedrooms | $295.6K | $311.5K | +5.4% |
4 Bedrooms | $443K | $496.9K | +12.2% |
5+ Bedrooms | $600K | $552K | -8.0% |
Summary: North Strabane Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.9%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
Canonsburg | $219.9K | $366.3K | +66.6% |
North Strabane Township | $313.7K | $341.6K | +8.9% |
South Strabane Township | $269.9K | $260K | -3.7% |
Housing Supply in North Strabane Township, PA
How many homes are available in North Strabane Township, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
52 | 58 | +11.5% |
Summary: The North Strabane Township real estate market had 58 homes for sale in February 2024, a 11.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 29 | 30 | +3.4% |
4 Bedrooms | 8 | 13 | +62.5% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The North Strabane Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in North Strabane Township in February 2024, the same as the previous month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for North Strabane Township, PA
How long does it take to sell a home in North Strabane Township, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
44 Days | 94 Days | +113.3% |
Summary: Homes in North Strabane Township had an average of 94 days on market in Feb 2024, up by 113.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During February 2024, 12 homes were sold in North Strabane Township; 25% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 58% of homes were sold over 90 days.