$3,408 Closing Credit*
$287,000
1,400 SqFt
3 Beds
•2 Full Baths, 1 Partial
Whitney B. Preston, Listing Office: Next Move Real Estate LLC
Is Port Wentworth, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Port Wentworth was a Seller's Market.
Key Takeaway
Port Wentworth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Port Wentworth, GA
How much do homes in Port Wentworth, GA cost?
Median Sold Price
$300,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+3.4%)
Key Takeaway
Homes in Port Wentworth have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Port Wentworth was $300,000 in October 2024, up 3.4% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $163K | $180K | +10.4% |
| 3 Bedrooms | $279.1K | $297.5K | +6.6% |
| 4 Bedrooms | $325.4K | $342.5K | +5.2% |
| 5+ Bedrooms | $375K | $539.9K | +44.0% |
Summary: Port Wentworth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 44%.
Median Sold Price Compared To Nearby Cities
| Savannah | $335.5K | $364.5K | +8.7% |
| Port Wentworth | $290K | $300K | +3.4% |
Housing Supply in Port Wentworth, GA
How many homes are available in Port Wentworth, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 59 | -4.8% |
Summary: The Port Wentworth real estate market had 59 homes for sale in October 2024, a 4.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 38 | 37 | -2.6% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Port Wentworth housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Wentworth, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Port Wentworth in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Port Wentworth, GA
How long does it take to sell a home in Port Wentworth, GA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Port Wentworth are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Port Wentworth; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
