Is Port Washington, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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, OH
How much do homes in Port Washington, OH cost?
Median Sold Price
$240,850
$236/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Port Washington have sold for 57.3% more than they did a month ago.
Summary: The median home sold price in Port Washington was $240,850 in May 2024, up 57.3% from last month, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $375K | N/A |
| 3 Bedrooms | $129.2K | $106.7K | -17.4% |
| 4 Bedrooms | $176.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Port Washington housing prices by bedroom type for May 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 decreased by 17.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Port Washington, OH
How many homes are available in Port Washington, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Port Washington real estate market had 4 homes for sale in May 2024, a 33.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Port Washington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Washington, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Port Washington in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Port Washington, OH
How long does it take to sell a home in Port Washington, OH?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 Days | 88 Days | +417.6% |
Summary: Homes in Port Washington had an average of 88 days on market in May 2024, up by 417.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Port Washington has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Port Washington; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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