Is Port Carbon, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Carbon is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Port Carbon has remained a Seller's Market.

Key Takeaway

Port Carbon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Port Carbon, PA

How much do homes in Port Carbon, PA cost?

Median Sold Price

$122,000

$70/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,875(+9.8%)

Key Takeaway

Homes in Port Carbon have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Port Carbon was $122,000 in November 2024, up 9.8% from last year, and the median price per square foot was $70.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $21.1K$133.1K
+530.1%
3 $130K$103.5K
-20.4%
4 -$132.5K
N/A
5+ $96.2K$195K
+102.6%

Summary: Port Carbon 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 530.1%, 3 bedroom homes decreased by 20.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 102.6%.

Housing Supply in Port Carbon, PA

How many homes are available in Port Carbon, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97-22.2%

Summary: The Port Carbon real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 64
-33.3%
5+ 00
0.0%

Summary: The Port Carbon 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Carbon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Port Carbon in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Port Carbon, PA

How long does it take to sell a home in Port Carbon, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
76 Days36 Days-52.6%

Summary: Homes in Port Carbon had an average of 36 days on market in Nov 2024, down by 52.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Port Carbon are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Port Carbon; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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