Is Strasburg, VA 22657 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Strasburg is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score56/ 100

More competitive than 58% of U.S. ZIP codes, and #216 of 358 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.6Under 4 months = seller’s market
Sold above original list28.9%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$218▼ −6.7% vs. last year

The Strasburg housing market right now

In the three months ending August 31, 2026, 29% of homes in Strasburg, VA 22657 sold above their list price, the typical home went under contract in 38 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 46 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold faster (50 days then) and the median sale price fell 5% to $332,856. Overall, Strasburg is more competitive than a year ago, so tougher for buyers.

Within Shenandoah County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 80%. On our competition score, Strasburg ranks #216 of 358 VA ZIP codes with enough sales (score 56 out of 100).

Nearby, buyers who want less competition could look at New Market 22844 (10% sold over asking) or Quicksburg 22847 (14% sold over asking), while Strasburg 22641 (100% sold over asking) and Maurertown 22644 (50% sold over asking) are even more competitive.

Nearby markets

Basye 22810Buyer’s market $214 /sq ftEdinburg 22824Balanced $198 /sq ftFort Valley 22652Seller’s market $192 /sq ftMaurertown 22644Balanced $240 /sq ft Browse all markets →

Where Strasburg is

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Questions about Strasburg real estate

Is Strasburg a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in Strasburg, VA 22657 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Strasburg?

The typical home went under contract in 38 days in the latest three months.

Do homes in Strasburg sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Strasburg?

About 0.52% of a home’s value a year in Shenandoah County, or roughly $2,080 on a $400,000 home.

What is the median home price in Strasburg?

The median sale price was $332,856 in the three months ending August 31, 2026, about $218 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology