East Stroudsburg, PA

There is no doubt that the East Stroudsburg, PA metropolitan statistical area (MSA) has seen some major changes in the housing market over the past few years. The most notable change has been the decrease in home prices, which has made it a buyer's market. According to Zillow, the median home value in East Stroudsburg is $144,000, which is down 6.1% from last year. This decrease in home values can be attributed to a number of factors, including the rise in foreclosures and short sales, as well as the overall weak economy.

Despite these challenges, there are still some positive trends taking place in the East Stroudsburg housing market. For example, rental rates have remained relatively stable, and there is still strong demand for rental properties. Additionally, many buyers are taking advantage of low interest rates to purchase homes that they may not have otherwise been able to afford.

Looking ahead, it is difficult to say exactly what will happen with the East Stroudsburg housing market. However, if interest rates remain low and foreclosures continue to decline, it is possible that home values will begin to rebound in the coming years.