Is Port Chester, NY 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, Port Chester was a Seller's Market.
Housing Prices in Port Chester, NY
How much do homes in Port Chester, NY cost?
Median Sold Price
$666,250
$370/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Port Chester was $666,250 in March 2024, up 7.9% from last year, and the median price per square foot was $370.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152.5K | $252.5K | +65.6% |
2 Bedrooms | $389K | $465K | +19.5% |
3 Bedrooms | $725K | $745K | +2.8% |
4 Bedrooms | $721K | $850K | +17.9% |
5+ Bedrooms | $816K | $827.5K | +1.4% |
Summary: Port Chester housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.6%, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 1.4%.
Housing Supply in Port Chester, NY
How many homes are available in Port Chester, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 55 | +22.2% |
Summary: The Port Chester real estate market had 55 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 12 | -7.7% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 8 | 15 | +87.5% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Port Chester housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 87.5%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Port Chester in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Port Chester, NY
How long does it take to sell a home in Port Chester, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
81 Days | 59 Days | -27.6% |
Summary: Homes in Port Chester had an average of 59 days on market in Mar 2024, down by 27.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Port Chester; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.