$175,000
22.00 Acres
Land
Louis J Faery, Listing Office: HUNT Real Estate Corporation
Is Porter, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Porter was a Buyer's Market.
Key Takeaway
Porter is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Porter, NY
How much do homes in Porter, NY cost?
Median Sold Price
$309,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,000(+8.4%)
Key Takeaway
Homes in Porter have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Porter was $309,000 in November 2024, up 8.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $259K | N/A |
| 2 Bedrooms | $275K | $252.5K | -8.2% |
| 3 Bedrooms | $246.5K | $310K | +25.8% |
| 4 Bedrooms | $315K | $310.5K | -1.4% |
| 5+ Bedrooms | $549.9K | $307.4K | -44.1% |
Summary: Porter 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 decreased by 8.2%, 3 bedroom homes increased by 25.8%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 44.1%.
Median Sold Price Compared To Nearby Cities
| Ransomville | $237K | $277K | +16.9% |
| Youngstown | $290K | $317.5K | +9.5% |
| Porter | $285K | $309K | +8.4% |
Housing Supply in Porter, NY
How many homes are available in Porter, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Summary: The Porter real estate market had 24 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 12 | 7 | -41.7% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Porter housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Porter, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Porter in November 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Porter, NY
How long does it take to sell a home in Porter, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 44 Days | +390.7% |
Summary: Homes in Porter had an average of 44 days on market in Nov 2024, up by 390.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Porter are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Porter; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
