Is Strip District, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Strip District is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Strip District was a Neutral Market.

Key Takeaway

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

Housing Prices in Strip District, PA

How much do homes in Strip District, PA cost?

Median Sold Price

$2,089,423

$504/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$772,423(+58.7%)

Key Takeaway

Homes in Strip District have sold for 58.7% more than they did a month ago.

Summary: The median home sold price in Strip District was $2,089,423 in November 2024, up 58.7% from last month, and the median price per square foot was $504.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $465K-
N/A
2 $1.3M-
N/A
3 $2.0M$2.0M
+4.5%
4 --
N/A
5+ --
N/A

Summary: Strip District housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Strip District, PA

How many homes are available in Strip District, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3032+6.7%

Summary: The Strip District real estate market had 32 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 65
-16.7%
2 1921
+10.5%
3 45
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Strip District housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Strip District, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Strip District in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Strip District, PA

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was 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 Strip District are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Strip District; 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 22 Days Ago

Newest Listings in Strip District, PA

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