Is Porter, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Porter has remained a Seller's Market.
Housing Prices in Porter, NY
How much do homes in Porter, NY cost?
Median Sold Price
$300,750
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Porter was $300,750 in March 2024, up 15.2% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $334K | - | N/A |
2 Bedrooms | $159.5K | $235K | +47.3% |
3 Bedrooms | $260K | $285K | +9.6% |
4 Bedrooms | $314K | $345K | +9.9% |
5+ Bedrooms | $330K | $549.9K | +66.6% |
Summary: Porter 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 47.3%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 66.6%.
Median Sold Price Compared To Nearby Cities
Porter | $261K | $300.7K | +15.2% |
Youngstown | $289K | $305.2K | +5.6% |
Ransomville | $240K | $250K | +4.2% |
Housing Supply in Porter, NY
How many homes are available in Porter, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Summary: The Porter real estate market had 16 homes for sale in March 2024, a 60.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Porter housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Porter in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Porter, NY
How long does it take to sell a home in Porter, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
5 Days | 23 Days | +331.3% |
Summary: Homes in Porter had an average of 23 days on market in Mar 2024, up by 331.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Porter; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.