Is Strasburg, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Strasburg is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Strasburg was a Seller's Market.

Key Takeaway

Strasburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Strasburg, PA

How much do homes in Strasburg, PA cost?

Median Sold Price

$397,500

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$32,355(-7.5%)

Key Takeaway

Homes in Strasburg have sold for 7.5% less than they did a year ago.

Summary: The median home sold price in Strasburg was $397,500 in October 2024, down 7.5% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $345K$357K
+3.5%
3 $379.1K$375K
-1.1%
4 $522.5K$495.8K
-5.1%
5+ $695K$715.3K
+2.9%

Summary: Strasburg 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 increased by 3.5%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Cities

Strasburg
-7.5%
Strasburg Township
-7.7%

Housing Supply in Strasburg, PA

How many homes are available in Strasburg, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23230.0%

Summary: The Strasburg real estate market had 23 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 109
-10.0%
4 1011
+10.0%
5+ 21
-50.0%

Summary: The Strasburg 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 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Strasburg, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Strasburg in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Strasburg, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days3 Days-29.8%

Summary: Homes in Strasburg had an average of 3 days on market in Oct 2024, down by 29.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Strasburg; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Strasburg, PA

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