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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stroud Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Stroud Township, PA

How much do homes in Stroud Township, PA cost?

Median Sold Price

$337,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,000(+2.1%)

Key Takeaway

Homes in Stroud Township have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Stroud Township was $337,000 in April 2024, up 2.1% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$140.5K
N/A
2 $198.9K$214.9K
+8.0%
3 $272.5K$320K
+17.4%
4 $399.5K$363K
-9.1%
5+ $487K$495K
+1.6%

Summary: Stroud Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Cities

East Stroudsburg
+12.5%
Stroud Township
+2.1%
Stroudsburg
-5.6%
Smithfield Township
-13.9%

Housing Supply in Stroud Township, PA

How many homes are available in Stroud Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2521-16.0%

Summary: The Stroud Township real estate market had 21 homes for sale in April 2024, a 16.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 84
-50.0%
4 1113
+18.2%
5+ 33
0.0%

Summary: The Stroud Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stroud Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Stroud Township in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Stroud Township, PA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
48 Days23 Days-52.1%

Summary: Homes in Stroud Township had an average of 23 days on market in Apr 2024, down by 52.1% compared to last year.

Breakdown of Home Sale Times

5 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 Stroud Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Stroud Township; 83% of homes were sold within 30 days, 17% 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 10 Days Ago

Newest Listings in Stroud Township, PA

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