$2,316 Closing Credit*
$195,000
1,148 SqFt
3 Beds
•1 Full Bath
Jeff McCartney, Listing Office: Berkshire Hathaway The Preferred Realty
Is South Strabane Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, South Strabane Township was a Seller's Market.
Key Takeaway
South Strabane Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Strabane Township, PA
How much do homes in South Strabane Township, PA cost?
Median Sold Price
$255,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$18,450(-6.7%)
Key Takeaway
Homes in South Strabane Township have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in South Strabane Township was $255,000 in September 2024, down 6.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.9K | $75K | -24.9% |
| 2 Bedrooms | $180K | $145K | -19.4% |
| 3 Bedrooms | $270K | $260K | -3.7% |
| 4 Bedrooms | $425K | $415K | -2.4% |
| 5+ Bedrooms | $392.5K | $465K | +18.5% |
Summary: South Strabane Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.9%, 2 bedroom homes decreased by 19.4%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Washington | $215K | $221K | +2.8% |
| North Strabane Township | $345.4K | $334K | -3.3% |
| South Strabane Township | $273.4K | $255K | -6.7% |
Housing Supply in South Strabane Township, PA
How many homes are available in South Strabane Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 36 | 38 | +5.6% |
Summary: The South Strabane Township real estate market had 38 homes for sale in September 2024, a 5.6% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The South Strabane Township 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 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Strabane Township, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in South Strabane Township in September 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for South Strabane Township, PA
How long does it take to sell a home in South Strabane Township, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 10 Days | -44.1% |
Summary: Homes in South Strabane Township had an average of 10 days on market in Sep 2024, down by 44.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Strabane Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in South Strabane Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
