Is Strasburg Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Strasburg Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Strasburg Township, PA

How much do homes in Strasburg Township, PA cost?

Median Sold Price

$380,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$42,500(-10.1%)

Key Takeaway

Homes in Strasburg Township have sold for 10.1% less than they did a year ago.

Summary: The median home sold price in Strasburg Township was $380,000 in September 2024, down 10.1% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $600K-
N/A
2 $367.5K$356K
-3.1%
3 $379.1K$365K
-3.7%
4 $509.6K$438K
-14.1%
5+ $695K$449.9K
-35.3%

Summary: Strasburg Township 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 decreased by 3.1%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes decreased by 35.3%.

Median Sold Price Compared To Nearby Cities

Providence Township
+4.0%
Willow Street
+1.5%
Strasburg
-10.0%
Strasburg Township
-10.1%

Housing Supply in Strasburg Township, PA

How many homes are available in Strasburg Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3223-28.1%

Summary: The Strasburg Township real estate market had 23 homes for sale in September 2024, a 28.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1610
-37.5%
4 1210
-16.7%
5+ 22
0.0%

Summary: The Strasburg 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 decreased by 50%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Strasburg Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Strasburg Township in September 2024, down by 36.4% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.

Days on Market for Strasburg Township, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
8 Days13 Days+52.8%

Summary: Homes in Strasburg Township had an average of 13 days on market in Sep 2024, up by 52.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 7 homes were sold in Strasburg Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Strasburg Township, PA

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