Is Porter Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Porter Township was a Buyer's Market.
Key Takeaway
Porter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Porter Township, PA
How much do homes in Porter Township, PA cost?
Median Sold Price
$239,900
$66/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Porter Township have sold for 149.9% more than they did a month ago.
Summary: The median home sold price in Porter Township was $239,900 in March 2024, up 149.9% from last month, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $96K | $265.4K | +176.5% |
| 5+ Bedrooms | - | $65K | N/A |
Summary: Porter Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 176.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Porter Township | $96K | $239.9K | +149.9% |
| Tower City | $101K | $239.9K | +137.5% |
| Hegins Township | $251.6K | $252K | 0.1% |
| Hegins | $440K | $252K | -42.7% |
Housing Supply in Porter Township, PA
How many homes are available in Porter Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Porter Township real estate market had 16 homes for sale in March 2024, a 33.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Porter Township 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 14.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Porter Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Porter Township in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Porter Township, PA
How long does it take to sell a home in Porter Township, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 36 Days | +12.5% |
Summary: Homes in Porter Township had an average of 36 days on market in Mar 2024, up by 12.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Porter Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Porter Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
