$2,434 Closing Credit*
$205,000
1,502 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kemper W Miller, Listing Office: Creekside Realty
Is Strasburg, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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, VA
How much do homes in Strasburg, VA cost?
Median Sold Price
$315,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$15,500(+5.2%)
Key Takeaway
Homes in Strasburg have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Strasburg was $315,000 in August 2024, up 5.2% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $219.5K | +99.5% |
| 2 Bedrooms | $227K | $230K | +1.3% |
| 3 Bedrooms | $299.7K | $315K | +5.1% |
| 4 Bedrooms | $345K | $390K | +13.0% |
| 5+ Bedrooms | $515K | $442.5K | -14.1% |
Summary: Strasburg housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99.5%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 14.1%.
Median Sold Price Compared To Nearby Cities
| North River | $334.9K | $370.2K | +10.6% |
| Strasburg | $299.5K | $315K | +5.2% |
Housing Supply in Strasburg, VA
How many homes are available in Strasburg, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 57 | 45 | -21.1% |
Summary: The Strasburg real estate market had 45 homes for sale in August 2024, a 21.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 35 | 22 | -37.1% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Strasburg housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 37.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Strasburg, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 18 homes were sold or pending in Strasburg in August 2024, down by 18.2% month-over-month. Of the 18 sold homes, 28% were sold under asking, 44% were sold at asking, and 28% were sold over asking.
Days on Market for Strasburg, VA
How long does it take to sell a home in Strasburg, VA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 20 Days | 21 Days | +5.9% |
Summary: Homes in Strasburg had an average of 21 days on market in Aug 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Strasburg are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 18 homes were sold in Strasburg; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
