Is Port Washington, WI 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, Port Washington has remained a Seller's Market.
Key Takeaway
Port Washington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Port Washington, WI
How much do homes in Port Washington, WI cost?
Median Sold Price
$315,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Port Washington have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Port Washington was $315,500 in March 2024, up 0.8% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144.9K | - | N/A |
| 2 Bedrooms | $272K | $269K | -1.1% |
| 3 Bedrooms | $292K | $317.2K | +8.6% |
| 4 Bedrooms | $435K | $372K | -14.5% |
| 5+ Bedrooms | $500K | $416.5K | -16.7% |
Summary: Port Washington 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 decreased by 1.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 16.7%.
Housing Supply in Port Washington, WI
How many homes are available in Port Washington, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The Port Washington 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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Port Washington 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 decreased by 37.5%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Washington, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Port Washington in March 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Port Washington, WI
We’re sorry, we don't have information for this market at the moment
