$3,859 Closing Credit*
$325,000
2,696 SqFt
4 Beds
•2 Full Baths
Melissa J Weidner, Listing Office: HUNT Real Estate Corporation
Is Portland, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Portland has remained a Seller's Market.
Key Takeaway
Portland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Portland, NY
How much do homes in Portland, NY cost?
Median Sold Price
$184,500
$215/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$53,250(+40.6%)
Key Takeaway
Homes in Portland have sold for 40.6% more than they did a month ago.
Summary: The median home sold price in Portland was $184,500 in December 2024, up 40.6% from last month, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $186K | N/A |
| 2 Bedrooms | $102.5K | $183K | +78.5% |
| 3 Bedrooms | $332.5K | $340K | +2.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $112.5K | - | N/A |
Summary: Portland housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 78.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Portland, NY
How many homes are available in Portland, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The Portland real estate market had 8 homes for sale in December 2024, a 27.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Portland housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Portland, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Portland in December 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Portland, NY
How long does it take to sell a home in Portland, NY?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 126 Days | 12 Days | -90.1% |
Summary: Homes in Portland had an average of 12 days on market in Dec 2024, down by 90.1% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Portland are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in Portland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
