Is Straban Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Straban Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Straban Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Straban Township, PA

How much do homes in Straban Township, PA cost?

Median Sold Price

$396,990

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$45,460(-10.3%)

Key Takeaway

Homes in Straban Township have sold for 10.3% less than they did a year ago.

Summary: The median home sold price in Straban Township was $396,990 in November 2024, down 10.3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $452.4K$395.3K
-12.6%
3 $406K$382.4K
-5.8%
4 $369.9K$404.9K
+9.5%
5+ $522.5K$393K
-24.8%

Summary: Straban Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.6%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 24.8%.

Median Sold Price Compared To Nearby Cities

Cumberland Township
+22.2%
Butler Township
+4.7%
Mount Pleasant Township
-4.8%
Straban Township
-10.3%

Housing Supply in Straban Township, PA

How many homes are available in Straban Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4237-11.9%

Summary: The Straban Township real estate market had 37 homes for sale in November 2024, a 11.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2015
-25.0%
3 1313
0.0%
4 67
+16.7%
5+ 32
-33.3%

Summary: The Straban Township 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Straban Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Straban Township in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Straban Township, PA

How long does it take to sell a home in Straban Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days28 Days+420.5%

Summary: Homes in Straban Township had an average of 28 days on market in Nov 2024, up by 420.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Straban Township; 75% of homes were sold within 30 days, 25% 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 21 Days Ago

Newest Listings in Straban Township, PA

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