East Stroudsburg, PA Housing Market

Market Overview

East Stroudsburg presents a moderate housing market, with a PropertyIQ Score of 47/100. That score sits below the midpoint, signaling conditions that are neither strongly favorable nor clearly weak. The median home value is $312,772, which is above the Pennsylvania average of $290,401 by roughly $22,000. The rent index is $1,971, far above the state benchmark of $1,209, indicating a local rental market that commands a significant premium. Unemployment is 3.9%, matching the state average, and median household income is $83,565, above the state average of $77,971.

The score drivers help explain the moderate reading. Home value momentum over 12 months is 4.32%, but the 3-month momentum is only 0.33%, pointing to cooling price growth. Median days on market is 60 days, and 21.2% of listings have had a price cut. The listed year-over-year home value change is $4, essentially flat in dollar terms, which reinforces that price appreciation is limited in the near term.

Key Trends

First, price momentum is slowing. The 12-month home value momentum of 4.32% is positive, but the 3-month figure of 0.33% is much lower. That gap suggests that most of the annual price movement happened earlier in the year and that recent months have been much flatter. This is consistent with the listed year-over-year home value change of $4.

Second, inventory and time on market point to a buyer-friendly environment. With 1,027 homes for sale, a median days on market of 60, and 21.2% of listings showing a price cut, sellers are competing for attention. The price-cut share indicates that a meaningful portion of sellers are adjusting expectations to get deals done.

Third, the rental market is unusually strong relative to the state. The rent index of $1,971 is well above the Pennsylvania average of $1,209. That suggests East Stroudsburg has rental demand that outstrips the typical Pennsylvania market, which can support investor interest even when sales price momentum is modest.

Fourth, local economic fundamentals are stable but not exceptional. Unemployment at 3.9% matches the state average, and median household income of $83,565 is above the state average of $77,971. Affordability is similar to the state: the median home value is about 3.7 times median household income, while the state ratio is also about 3.7. Population growth data is not provided, so demographic-driven demand cannot be evaluated directly.

Who Is This Market For

This market may appeal to rental property investors because the rent index of $1,971 is significantly higher than the state average, while the median home value of $312,772 is only moderately above the state median. An investor who can secure a property with a price cut or negotiate from the 1,027 homes for sale may find rental income strong relative to purchase price. The 21.2% share of listings with price cuts also gives investors some leverage.

First-time buyers may also find opportunities here. The median household income of $83,565 supports a median home value of $312,772 more comfortably than many higher-cost markets, and the 60-day median days on market means buyers have time to evaluate properties. Move-up buyers can use the ample inventory of 1,027 homes for sale to find larger or better-located homes without extreme competition. However, the overall PropertyIQ Score of 47/100 suggests this is not a market for short-term flippers expecting rapid appreciation. The 3-month home value momentum of 0.33% and the year-over-year dollar change of $4 do not point to fast price gains.

Outlook

The data supports a continued moderate outlook for East Stroudsburg. The 3-month home value momentum of 0.33% is well below the 12-month momentum of 4.32%, so near-term price growth is likely to remain subdued. With 1,027 homes for sale, a median days on market of 60, and 21.2% of listings cutting prices, sellers will likely need to stay flexible on pricing. At the same time, the rent index of $1,971 remains far above the state benchmark of $1,209, which should keep rental demand and investor interest in play. Unemployment at 3.9% and median household income of $83,565 provide a stable local economic base, but without population growth data, the outlook cannot rely on demographic expansion. Overall, the numbers suggest a balanced to soft sales market with stronger rental fundamentals in the near term.