$3,858 Closing Credit*
$324,900
2,424 SqFt
6 Beds
•3 Full Baths
Marcy Dexheimer Wangelin, Listing Office: Towne Housing Real Estate
Is Porter, 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, Porter was a Seller's Market.
Key Takeaway
Porter 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 Porter, NY
How much do homes in Porter, NY cost?
Median Sold Price
$309,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,000(+7.7%)
Key Takeaway
Homes in Porter have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Porter was $309,000 in October 2024, up 7.7% 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 | $317K | $259K | -18.3% |
| 2 Bedrooms | $265K | $290K | +9.4% |
| 3 Bedrooms | $262.5K | $310K | +18.1% |
| 4 Bedrooms | $322.5K | $299K | -7.3% |
| 5+ Bedrooms | $439.9K | $307.4K | -30.1% |
Summary: Porter housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Cities
| Ransomville | $250K | $277K | +10.8% |
| Youngstown | $289.9K | $315K | +8.7% |
| Porter | $287K | $309K | +7.7% |
Housing Supply in Porter, NY
How many homes are available in Porter, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The Porter real estate market had 27 homes for sale in October 2024, a 17.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Porter 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Porter, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Porter in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 56 Days | +132.6% |
Summary: Homes in Porter had an average of 56 days on market in Oct 2024, up by 132.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 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 October 2024, 4 homes were sold in Porter; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
