$3,400,000
13.13 Acres
Land
Kevin F Smith, Listing Office: Sager 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 November 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
$315,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+4.1%)
Key Takeaway
Homes in Strasburg have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Strasburg was $315,000 in November 2024, up 4.1% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $219.5K | +99.5% |
| 2 Bedrooms | $225.5K | $235.5K | +4.4% |
| 3 Bedrooms | $302.5K | $315K | +4.1% |
| 4 Bedrooms | $357.5K | $382.5K | +7.0% |
| 5+ Bedrooms | $685K | $442.5K | -35.4% |
Summary: Strasburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99.5%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 35.4%.
Median Sold Price Compared To Nearby Cities
| North River | $320K | $389K | +21.6% |
| Strasburg | $302.5K | $315K | +4.1% |
Housing Supply in Strasburg, VA
How many homes are available in Strasburg, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 53 | +20.5% |
Summary: The Strasburg real estate market had 53 homes for sale in November 2024, a 20.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 27 | 32 | +18.5% |
| 4 Bedrooms | 7 | 11 | +57.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Strasburg 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 remained the same, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 16 | +220.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Strasburg, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Strasburg in November 2024, up by 220.0% month-over-month. Of the 16 sold homes, 44% were sold under asking, 25% were sold at asking, and 31% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 17 Days | -29.2% |
Summary: Homes in Strasburg had an average of 17 days on market in Nov 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Strasburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Strasburg; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
