Is Port Wentworth, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Wentworth is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, Port Wentworth has remained a Seller's Market.

Key Takeaway

Port Wentworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Port Wentworth, GA cost?

Median Sold Price

$201,500

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$23,655(+13.3%)

Key Takeaway

Homes in Port Wentworth have sold for 13.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 --
N/A
2 $113.9K$120K
+5.4%
3 $171.5K$191K
+11.4%
4 $204.7K$234.8K
+14.7%
5+ $262.8K$290K
+10.3%

Median Sold Price Compared To Nearby Cities

Savannah
+13.6%
Port Wentworth
+13.3%
Garden City
+10.1%

How many homes are available in Port Wentworth, GA?

Number of Homes For Sale

Oct 2021Nov 2021%
3529-17.1%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 23
+50.0%
3 2019
-5.0%
4 84
-50.0%
5+ 53
-40.0%

Number of Homes Sold

Oct 2021Nov 2021%
156-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Wentworth, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

About Port Wentworth, GA

Port Wentworth, GA has 29 homes on the market. Between October 2021 and November 2021, Port Wentworth, GA real estate market has seen decrease in the number of listings by 17.1%. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 5.4%, prices of 3 bedrooms properties went up by 11.4%, 4 bedrooms properties became 14.7% more expensive, prices of 5 bedrooms properties went up by 10.3%. This housing market inventory have changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went up by 50%, number of 3 bedrooms homes decreased by 5%, volume of 4 bedrooms homes went down by 50%, number of 5 bedrooms homes decreased by 40%. While more than 4 listings in Port Wentworth, GA in November 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.

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