Is Porterdale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Porterdale was a Seller's Market.
Housing Prices in Porterdale, GA
How much do homes in Porterdale, GA cost?
Median Sold Price
$241,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Porterdale was $241,000 in March 2024, up 37.7% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82.5K | - | N/A |
2 Bedrooms | $140.7K | $178K | +26.5% |
3 Bedrooms | $249.9K | $240K | -4.0% |
4 Bedrooms | $308K | $320K | +3.9% |
5+ Bedrooms | - | $495K | N/A |
Summary: Porterdale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.5%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Porterdale | $175K | $241K | +37.7% |
Covington | $300K | $304.7K | +1.6% |
Covington-Porterdale | $300K | $300K | 0% |
Housing Supply in Porterdale, GA
How many homes are available in Porterdale, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The Porterdale real estate market had 18 homes for sale in March 2024, a 5.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Porterdale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Porterdale in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Porterdale, GA
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Porterdale; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.