$70,000
1.90 Acres
Land
Listing Office: Acer Realty Inc
Is Port Jervis, NY 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 Jervis was a Seller's Market.
Key Takeaway
Port Jervis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Port Jervis, NY
How much do homes in Port Jervis, NY cost?
Median Sold Price
$275,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,000(+12.7%)
Key Takeaway
Homes in Port Jervis have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Port Jervis was $275,000 in October 2024, up 12.7% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | - | N/A |
| 2 Bedrooms | $200K | $225K | +12.5% |
| 3 Bedrooms | $269.7K | $267.5K | -0.8% |
| 4 Bedrooms | $269K | $325K | +20.8% |
| 5+ Bedrooms | $218.4K | $335K | +53.3% |
Summary: Port Jervis 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 12.5%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 53.3%.
Median Sold Price Compared To Nearby Cities
| Deerpark | $284.5K | $331K | +16.3% |
| Port Jervis | $244K | $275K | +12.7% |
Housing Supply in Port Jervis, NY
How many homes are available in Port Jervis, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 89 | +15.6% |
Summary: The Port Jervis real estate market had 89 homes for sale in October 2024, a 15.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 32 | 39 | +21.9% |
| 4 Bedrooms | 21 | 22 | +4.8% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Port Jervis housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Jervis, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Port Jervis in October 2024, up by 57.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for Port Jervis, NY
How long does it take to sell a home in Port Jervis, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 39 Days | -34.6% |
Summary: Homes in Port Jervis had an average of 39 days on market in Oct 2024, down by 34.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Port Jervis has remained consistent over time.
Summary: During October 2024, 11 homes were sold in Port Jervis; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.