Is Stroud Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Stroud Township was a Seller's Market.
Key Takeaway
Stroud Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Stroud Township, PA
How much do homes in Stroud Township, PA cost?
Median Sold Price
$337,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Stroud Township has remained the same since last year.
Summary: The median home sold price in Stroud Township was $337,000 in May 2024, down 0.1% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $156K | +24.8% |
| 2 Bedrooms | $198.9K | $214.9K | +8.0% |
| 3 Bedrooms | $272.5K | $323.5K | +18.7% |
| 4 Bedrooms | $415K | $360K | -13.3% |
| 5+ Bedrooms | $487K | $500K | +2.7% |
Summary: Stroud Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.8%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 18.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
| Smithfield Township | $200K | $262.5K | +31.3% |
| East Stroudsburg | $281.5K | $325K | +15.5% |
| Stroud Township | $337.5K | $337K | -0.1% |
| Stroudsburg | $370K | $353.9K | -4.4% |
Housing Supply in Stroud Township, PA
How many homes are available in Stroud Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The Stroud Township real estate market had 18 homes for sale in May 2024, a 18.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Stroud Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stroud Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Stroud Township in May 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 17 Days | 41 Days | +136.5% |
Summary: Homes in Stroud Township had an average of 41 days on market in May 2024, up by 136.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Stroud Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Stroud Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.