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 November 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

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,500(+4.4%)

Key Takeaway

Homes in East Stroudsburg have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in East Stroudsburg was $319,500 in November 2024, up 4.4% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $203K$135.5K
-33.3%
2 $185K$230K
+24.3%
3 $275K$285K
+3.6%
4 $369K$364.7K
-1.2%
5+ $397.6K$447K
+12.4%

Summary: East Stroudsburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Cities

East Stroudsburg
+4.4%
Stroud Township
-2.4%
Stroudsburg
-4.0%
Smithfield Township
-12.0%

Housing Supply in East Stroudsburg, PA

How many homes are available in East Stroudsburg, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7569-8.0%

Summary: The East Stroudsburg real estate market had 69 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 2123
+9.5%
4 3224
-25.0%
5+ 1412
-14.3%

Summary: The East Stroudsburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Stroudsburg, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in East Stroudsburg in November 2024, up by 7.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% 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

Nov 2023Nov 2024CHANGE
28 Days60 Days+113.7%

Summary: Homes in East Stroudsburg had an average of 60 days on market in Nov 2024, up by 113.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Stroudsburg are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in East Stroudsburg; 47% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 17 Days Ago

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