Is Port Washington, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Washington is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Port Washington was a Seller's Market.

Key Takeaway

Port Washington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Port Washington, WI

How much do homes in Port Washington, WI cost?

Median Sold Price

$319,250

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,750(+1.2%)

Key Takeaway

Homes in Port Washington have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Port Washington was $319,250 in April 2024, up 1.2% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $268.2K-
N/A
2 $270K$285K
+5.6%
3 $294K$320K
+8.8%
4 $435K$377K
-13.3%
5+ $500K$416.5K
-16.7%

Summary: Port Washington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 13.3%, 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

Mar 2024Apr 2024CHANGE
28280.0%

Summary: The Port Washington real estate market had 28 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1210
-16.7%
4 911
+22.2%
5+ 12
+100.0%

Summary: The Port Washington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Washington, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Port Washington in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

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

Report Updated 17 Days Ago

Newest Listings in Port Washington, WI

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