Is Stroudsburg, 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, Stroudsburg was a Buyer's Market.
Key Takeaway
Stroudsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stroudsburg, PA
How much do homes in Stroudsburg, PA cost?
Median Sold Price
$353,900
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Stroudsburg have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in Stroudsburg was $353,900 in May 2024, down 4.4% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $159.9K | $222.4K | +39.1% |
| 3 Bedrooms | $285K | $305K | +7.0% |
| 4 Bedrooms | $445K | $420K | -5.6% |
| 5+ Bedrooms | $728.2K | $516.4K | -29.1% |
Summary: Stroudsburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.1%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 29.1%.
Median Sold Price Compared To Nearby Cities
| East Stroudsburg | $281.5K | $325K | +15.5% |
| Stroud Township | $337.5K | $337K | -0.1% |
| Stroudsburg | $370K | $353.9K | -4.4% |
Housing Supply in Stroudsburg, PA
How many homes are available in Stroudsburg, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The Stroudsburg real estate market had 23 homes for sale in May 2024, a 11.5% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Stroudsburg 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stroudsburg, 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 Stroudsburg in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Stroudsburg, PA
How long does it take to sell a home in Stroudsburg, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +29.0% |
Summary: Homes in Stroudsburg had an average of 25 days on market in May 2024, up by 29% 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 Stroudsburg are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Stroudsburg; 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.
