Is Port Vue, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Vue is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Port Vue, PA

How much do homes in Port Vue, PA cost?

Median Sold Price

$112,500

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$7,000(+6.6%)

Key Takeaway

Homes in Port Vue have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Port Vue was $112,500 in March 2024, up 6.6% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $86K-
N/A
2 $95K$103.5K
+9.0%
3 $129K$125.9K
-2.4%
4 $150K$99K
-34.0%
5+ $200.9K$162.5K
-19.1%

Summary: Port Vue 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 9%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes decreased by 19.1%.

Median Sold Price Compared To Nearby Cities

McKeesport
+22.1%
Glassport
+9.1%
Port Vue
+6.6%
Liberty
-15.7%

Housing Supply in Port Vue, PA

How many homes are available in Port Vue, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2728+3.7%

Summary: The Port Vue real estate market had 28 homes for sale in March 2024, a 3.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1515
0.0%
3 89
+12.5%
4 33
0.0%
5+ 00
0.0%

Summary: The Port Vue 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
550.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Vue, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Port Vue in March 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Port Vue, PA

How long does it take to sell a home in Port Vue, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
93 Days70 Days-25.1%

Summary: Homes in Port Vue had an average of 70 days on market in Mar 2024, down by 25.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Port Vue are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in Port Vue; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Port Vue, PA

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