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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Matilda is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Port Matilda, PA

How much do homes in Port Matilda, PA cost?

Median Sold Price

$458,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,000(+7.8%)

Key Takeaway

Homes in Port Matilda have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Port Matilda was $458,000 in November 2024, up 7.8% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $149K$268.5K
+80.2%
3 $359.9K$339.9K
-5.6%
4 $541.5K$605.5K
+11.8%
5+ $728K$689.9K
-5.2%

Summary: Port Matilda 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 80.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 5.2%.

Housing Supply in Port Matilda, PA

How many homes are available in Port Matilda, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1517+13.3%

Summary: The Port Matilda real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1113
+18.2%
4 33
0.0%
5+ 00
0.0%

Summary: The Port Matilda 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 increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 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 Matilda, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Port Matilda in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Port Matilda, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
64 Days41 Days-35.7%

Summary: Homes in Port Matilda had an average of 41 days on market in Nov 2024, down by 35.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Port Matilda has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Port Matilda; 33% of homes were sold within 30 days, 67% 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 21 Days Ago

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