Is Port Jervis, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Port Jervis was a Seller's Market.
Housing Prices in Port Jervis, NY
How much do homes in Port Jervis, NY cost?
Median Sold Price
$255,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Port Jervis was $255,000 in April 2024, up 12.8% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $169K | +160.0% |
2 Bedrooms | $185K | $210K | +13.5% |
3 Bedrooms | $250K | $267.5K | +7.0% |
4 Bedrooms | $255K | $289K | +13.3% |
5+ Bedrooms | $200K | $265K | +32.5% |
Summary: Port Jervis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 160%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 32.5%.
Median Sold Price Compared To Nearby Cities
Port Jervis | $226K | $255K | +12.8% |
Deerpark | $280.4K | $310K | +10.5% |
Housing Supply in Port Jervis, NY
How many homes are available in Port Jervis, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 68 | +21.4% |
Summary: The Port Jervis real estate market had 68 homes for sale in April 2024, a 21.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 14 | +40.0% |
3 Bedrooms | 24 | 29 | +20.8% |
4 Bedrooms | 15 | 21 | +40.0% |
5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Port Jervis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Port Jervis in April 2024, up by 10.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for Port Jervis, NY
How long does it take to sell a home in Port Jervis, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
78 Days | 64 Days | -17.5% |
Summary: Homes in Port Jervis had an average of 64 days on market in Apr 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Port Jervis; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.