$3,741 Closing Credit*
$315,000
1,680 SqFt
3 Beds
•1 Full Bath, 1 Partial
Cynthia Emaline Espenshade, Listing Office: Life Changes Realty Group
Is Straban Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Straban Township was a Neutral Market.
Key Takeaway
Straban Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Straban Township, PA
How much do homes in Straban Township, PA cost?
Median Sold Price
$396,990
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$37,910(-8.7%)
Key Takeaway
Homes in Straban Township have sold for 8.7% less than they did a year ago.
Summary: The median home sold price in Straban Township was $396,990 in October 2024, down 8.7% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $452.4K | $395.3K | -12.6% |
| 3 Bedrooms | $402.9K | $389.4K | -3.4% |
| 4 Bedrooms | $369.9K | $399.9K | +8.1% |
| 5+ Bedrooms | $522.5K | $385K | -26.3% |
Summary: Straban Township housing prices by bedroom type for October 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 3.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 26.3%.
Median Sold Price Compared To Nearby Cities
| Tyrone Township | $172.5K | $220K | +27.5% |
| Cumberland Township | $300.7K | $367.5K | +22.2% |
| Butler Township | $216K | $228.9K | +6.0% |
| Mount Pleasant Township | $210K | $200K | -4.8% |
| Straban Township | $434.9K | $396.9K | -8.7% |
Housing Supply in Straban Township, PA
How many homes are available in Straban Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 41 | +10.8% |
Summary: The Straban Township real estate market had 41 homes for sale in October 2024, a 10.8% 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 | 20 | 18 | -10.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Straban 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 decreased by 10%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Straban Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Straban Township in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 41 Days | -3.9% |
Summary: Homes in Straban Township had an average of 41 days on market in Oct 2024, down by 3.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Straban Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Straban Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
