$3,085 Closing Credit*
$259,800
1,656 SqFt
4 Beds
•2 Full Baths
Listing Office: LBH Real Estate
Is Port Jervis, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Port Jervis has remained a Seller's Market.
Key Takeaway
Port Jervis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Port Jervis, NY
How much do homes in Port Jervis, NY cost?
Median Sold Price
$280,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+16.7%)
Key Takeaway
Homes in Port Jervis have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Port Jervis was $280,000 in November 2024, up 16.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | - | N/A |
| 2 Bedrooms | $200K | $231.6K | +15.8% |
| 3 Bedrooms | $250K | $276K | +10.4% |
| 4 Bedrooms | $255K | $329.9K | +29.4% |
| 5+ Bedrooms | $220K | $335K | +52.3% |
Summary: Port Jervis housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 52.3%.
Housing Supply in Port Jervis, NY
How many homes are available in Port Jervis, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 66 | -15.4% |
Summary: The Port Jervis real estate market had 66 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 17 | 11 | -35.3% |
| 3 Bedrooms | 36 | 30 | -16.7% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Port Jervis housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 35.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 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. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Port Jervis in November 2024, up by 9.1% month-over-month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 91 Days | 43 Days | -52.0% |
Summary: Homes in Port Jervis had an average of 43 days on market in Nov 2024, down by 52% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Port Jervis are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Port Jervis; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% 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.