Is East Stroudsburg, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Stroudsburg is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, East Stroudsburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Stroudsburg, PA

How much do homes in East Stroudsburg, PA cost?

Median Sold Price

$319,500

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,500(+6.5%)

Key Takeaway

Homes in East Stroudsburg have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in East Stroudsburg was $319,500 in October 2024, up 6.5% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $203K$135.5K
-33.3%
2 $186K$230K
+23.7%
3 $271.2K$290.1K
+6.9%
4 $369K$359K
-2.7%
5+ $400K$432.5K
+8.1%

Summary: East Stroudsburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Smithfield Township
+12.7%
East Stroudsburg
+6.5%
Stroudsburg
+3.7%
Stroud Township
-2.7%

Housing Supply in East Stroudsburg, PA

How many homes are available in East Stroudsburg, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
74740.0%

Summary: The East Stroudsburg real estate market had 74 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 107
-30.0%
3 2622
-15.4%
4 2530
+20.0%
5+ 1215
+25.0%

Summary: The East Stroudsburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Stroudsburg, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in East Stroudsburg in October 2024, down by 18.8% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.

Days on Market for East Stroudsburg, PA

How long does it take to sell a home in East Stroudsburg, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days33 Days+39.5%

Summary: Homes in East Stroudsburg had an average of 33 days on market in Oct 2024, up by 39.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in East Stroudsburg has remained consistent over time.

Summary: During October 2024, 13 homes were sold in East Stroudsburg; 38% of homes were sold within 30 days, 62% 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 16 Days Ago

Newest Listings in East Stroudsburg, PA

Nearby Markets to East Stroudsburg, PA

What housing markets are near East Stroudsburg, PA?