Is Strawberry Mansion, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Strawberry Mansion is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Strawberry Mansion, PA

How much do homes in Strawberry Mansion, PA cost?

Median Sold Price

$105,000

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,500(+11.1%)

Key Takeaway

Homes in Strawberry Mansion have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Strawberry Mansion was $105,000 in November 2024, up 11.1% from last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $90.1K$72.5K
-19.6%
3 $90.5K$104.2K
+15.2%
4 $122K$137.5K
+12.7%
5+ $123K$148.4K
+20.7%

Summary: Strawberry Mansion 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 19.6%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 20.7%.

Median Sold Price Compared To Nearby Neighborhoods

Strawberry Mansion
+11.1%
Stanton
+9.0%
Allegheny West
+1.8%
Brewerytown
-0.5%

Housing Supply in Strawberry Mansion, PA

How many homes are available in Strawberry Mansion, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5367+26.4%

Summary: The Strawberry Mansion real estate market had 67 homes for sale in November 2024, a 26.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 2334
+47.8%
4 812
+50.0%
5+ 1010
0.0%

Summary: The Strawberry Mansion 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 8.3%, 3 bedroom homes increased by 47.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Strawberry Mansion, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Strawberry Mansion in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Strawberry Mansion, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
65 Days25 Days-62.0%

Summary: Homes in Strawberry Mansion had an average of 25 days on market in Nov 2024, down by 62% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Strawberry Mansion has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Strawberry Mansion; 33% of homes were sold within 30 days, 67% 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

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