Is Port Jervis, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Port Jervis was a Seller's Market.
Housing Prices in Port Jervis, NY
How much do homes in Port Jervis, NY cost?
Median Sold Price
$255,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Port Jervis was $255,000 in May 2024, up 9.2% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $169K | +160.0% |
2 Bedrooms | $170K | $220K | +29.4% |
3 Bedrooms | $254.2K | $260K | +2.3% |
4 Bedrooms | $280K | $289.4K | +3.4% |
5+ Bedrooms | $208.4K | $270K | +29.5% |
Summary: Port Jervis housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 160%, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 29.5%.
Median Sold Price Compared To Nearby Cities
Deerpark | $279.9K | $321K | +14.7% |
Port Jervis | $233.5K | $255K | +9.2% |
Housing Supply in Port Jervis, NY
How many homes are available in Port Jervis, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
68 | 68 | 0.0% |
Summary: The Port Jervis real estate market had 68 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 29 | 25 | -13.8% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Port Jervis housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 4 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Port Jervis in May 2024, down by 66.7% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
127 Days | 125 Days | -2.0% |
Summary: Homes in Port Jervis had an average of 125 days on market in May 2024, down by 2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Port Jervis; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.