January's First-Time Homebuyer Report for Strasburg

The population of Strasburg is somewhat affluent compared to others in Virginia with a median income of $50,026 per household. It's also considered an average city in terms of affordability with a cost of living adjustment score of 100.3. Homes in Strasburg are relatively old with a median age of 38 years. The best schools in the city are Signal Knob Middle School and Strasburg High School.

Price Range

Homes in Strasburg are worth a median of $162,400, similar to other parts of Virginia. Additionally, the list prices of available homes is currently at an average of $191,388. The Strasburg market remained cold this week as sales dropped 37.5% to land at five homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in Strasburg that generated the most views from potential buyers:

$199K   $215K   $249K  

Typical Dwelling

A three-bedroom detached home valued around $186,728 is considered a typical dwelling in Strasburg. If a buyer was looking for a similar home, they would need good credit and a $37,346 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $747 and the property tax rate is $6.35 per $1,000 of taxable assessed value.

Get started right now by checking out Strasburg homes for sale or reviewing Strasburg real estate trends.


Data reported through 1/12/2017

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