$4,452 Closing Credit*
$374,900
1,659 SqFt
3 Beds
•2 Full Baths
Shawnda Smoker, Listing Office: Berkshire Hathaway The Preferred Realty
Is South Strabane Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Strabane Township has remained a Seller's Market.
Key Takeaway
South Strabane Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Strabane Township, PA
How much do homes in South Strabane Township, PA cost?
Median Sold Price
$268,500
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,000(-0.4%)
Key Takeaway
The sold price of homes in South Strabane Township has remained the same since last year.
Summary: The median home sold price in South Strabane Township was $268,500 in October 2024, down 0.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.9K | $75K | -24.9% |
| 2 Bedrooms | $180.3K | $145.8K | -19.1% |
| 3 Bedrooms | $268K | $268.8K | 0.3% |
| 4 Bedrooms | $420K | $419.9K | 0% |
| 5+ Bedrooms | $381.2K | $385K | +1.0% |
Summary: South Strabane Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.9%, 2 bedroom homes decreased by 19.1%, 3 bedroom homes increased by 0.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
| Washington | $215K | $228.1K | +6.1% |
| South Strabane Township | $269.5K | $268.5K | -0.4% |
| North Strabane Township | $346K | $340K | -1.7% |
Housing Supply in South Strabane Township, PA
How many homes are available in South Strabane Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Summary: The South Strabane Township real estate market had 40 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 22 | 22 | 0.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The South Strabane Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Strabane Township, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in South Strabane Township in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for South Strabane Township, PA
How long does it take to sell a home in South Strabane Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 54 Days | +142.4% |
Summary: Homes in South Strabane Township had an average of 54 days on market in Oct 2024, up by 142.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Strabane Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in South Strabane Township; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
