Is Straban Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Straban Township was a Seller's Market.
Key Takeaway
Straban Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Straban Township, PA
How much do homes in Straban Township, PA cost?
Median Sold Price
$399,990
$190/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in Straban Township has remained the same since last year.
Summary: The median home sold price in Straban Township was $399,990 in May 2024, the same as last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $415K | $455K | +9.6% |
| 3 Bedrooms | $330K | $398K | +20.6% |
| 4 Bedrooms | $305.9K | $389.9K | +27.5% |
| 5+ Bedrooms | $486K | $536K | +10.3% |
Summary: Straban Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Tyrone Township | $136K | $183.5K | +34.9% |
| Mount Pleasant Township | $181K | $210K | +16.0% |
| Cumberland Township | $304.6K | $325K | +6.7% |
| Straban Township | $399.9K | $399.9K | 0.0% |
| Butler Township | $221.4K | $220.6K | -0.3% |
Housing Supply in Straban Township, PA
How many homes are available in Straban Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 28 | 0.0% |
Summary: The Straban Township real estate market had 28 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Straban Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Straban Township, 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 Straban Township in May 2024, down by 66.7% 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 Straban Township, PA
How long does it take to sell a home in Straban Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 53 Days | +80.1% |
Summary: Homes in Straban Township had an average of 53 days on market in May 2024, up by 80.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Straban Township has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Straban Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
