Is Port Chester, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Port Chester was a Buyer's Market.
Housing Prices in Port Chester, NY
How much do homes in Port Chester, NY cost?
Median Sold Price
$658,250
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Port Chester was $658,250 in April 2024, up 6.6% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $159K | $322.5K | +102.8% |
2 Bedrooms | $385K | $465K | +20.8% |
3 Bedrooms | $725K | $710K | -2.1% |
4 Bedrooms | $727.5K | $837.5K | +15.1% |
5+ Bedrooms | $798K | $842.5K | +5.6% |
Summary: Port Chester housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.8%, 2 bedroom homes increased by 20.8%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in Port Chester, NY
How many homes are available in Port Chester, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 70 | +37.3% |
Summary: The Port Chester real estate market had 70 homes for sale in April 2024, a 37.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 14 | +16.7% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 16 | 26 | +62.5% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Port Chester housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Port Chester in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
116 Days | 17 Days | -85.1% |
Summary: Homes in Port Chester had an average of 17 days on market in Apr 2024, down by 85.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Port Chester; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.