Is Portal, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Portal is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Portal was a Buyer's Market.

Key Takeaway

Portal is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Portal, GA

How much do homes in Portal, GA cost?

Median Sold Price

$266,500

$170/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$133,400(-33.4%)

Key Takeaway

Homes in Portal have sold for 33.4% less than they did a month ago.

Summary: The median home sold price in Portal was $266,500 in October 2024, down 33.4% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$238.2K
N/A
4 $399.9K$420K
+5.0%
5+ --
N/A

Summary: Portal housing prices by bedroom type for October 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 did not change, 4 bedroom homes increased by 5%, and 5+ bedroom homes did not change.

Housing Supply in Portal, GA

How many homes are available in Portal, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1721+23.5%

Summary: The Portal real estate market had 21 homes for sale in October 2024, a 23.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 811
+37.5%
4 77
0.0%
5+ 12
+100.0%

Summary: The Portal 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 remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Portal, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Portal in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Portal, GA

How long does it take to sell a home in Portal, GA?

Average Sale Time

Sep 2024Oct 2024CHANGE
47 Days66 Days+40.4%

Summary: Homes in Portal had an average of 66 days on market in Oct 2024, up by 40.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Portal are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Portal; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in Portal, GA

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