Is Strasburg, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Strasburg has remained a Seller's Market.
Housing Prices in Strasburg, VA
How much do homes in Strasburg, VA cost?
Median Sold Price
$310,500
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Strasburg was $310,500 in April 2024, up 7.9% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85.5K | $139.9K | +63.7% |
2 Bedrooms | $213.5K | $236K | +10.5% |
3 Bedrooms | $295K | $310K | +5.1% |
4 Bedrooms | $301K | $360K | +19.6% |
5+ Bedrooms | $450K | $562.5K | +25.0% |
Summary: Strasburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Cities
Strasburg | $287.7K | $310.5K | +7.9% |
North River | $350K | $334.9K | -4.3% |
Housing Supply in Strasburg, VA
How many homes are available in Strasburg, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 67 | +26.4% |
Summary: The Strasburg real estate market had 67 homes for sale in April 2024, a 26.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 30 | 32 | +6.7% |
4 Bedrooms | 12 | 21 | +75.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Strasburg 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 increased by 50%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 22 | +29.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Strasburg in April 2024, up by 29.4% month-over-month. Of the 22 sold homes, 32% were sold under asking, 41% were sold at asking, and 27% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 26 Days | +57.7% |
Summary: Homes in Strasburg had an average of 26 days on market in Apr 2024, up by 57.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Strasburg; 68% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.