$5,938 Closing Credit*
$500,000
1,967 SqFt
3 Beds
•2 Full Baths, 1 Partial
Abby L Walters, Listing Office: Preslee Real Estate
Is Strasburg, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Strasburg has remained a Seller's Market.
Key Takeaway
Strasburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Strasburg, VA
How much do homes in Strasburg, VA cost?
Median Sold Price
$318,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$13,500(+4.4%)
Key Takeaway
Homes in Strasburg have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Strasburg was $318,000 in December 2024, up 4.4% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129.9K | $212K | +63.1% |
| 2 Bedrooms | $225.5K | $235.5K | +4.4% |
| 3 Bedrooms | $300K | $315K | +5.0% |
| 4 Bedrooms | $360K | $380K | +5.6% |
| 5+ Bedrooms | $770K | $445K | -42.2% |
Summary: Strasburg housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.1%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 42.2%.
Median Sold Price Compared To Nearby Cities
| North River | $322.5K | $385.7K | +19.6% |
| Strasburg | $304.5K | $318K | +4.4% |
Housing Supply in Strasburg, VA
How many homes are available in Strasburg, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 51 | 42 | -17.6% |
Summary: The Strasburg real estate market had 42 homes for sale in December 2024, a 17.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 31 | 26 | -16.1% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Strasburg housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Strasburg, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Strasburg in December 2024, down by 18.8% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.
Days on Market for Strasburg, VA
How long does it take to sell a home in Strasburg, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 36 Days | 28 Days | -21.4% |
Summary: Homes in Strasburg had an average of 28 days on market in Dec 2024, down by 21.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Strasburg are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 13 homes were sold in Strasburg; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
