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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Port Matilda was a Seller's Market.

Key Takeaway

Port Matilda is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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 October 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 October 2024, up 7.8% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$197K
N/A
3 $359.9K$339.9K
-5.6%
4 $541.5K$605.5K
+11.8%
5+ $700K$710K
+1.4%

Summary: Port Matilda housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 1.4%.

Housing Supply in Port Matilda, PA

How many homes are available in Port Matilda, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1716-5.9%

Summary: The Port Matilda real estate market had 16 homes for sale in October 2024, a 5.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1011
+10.0%
4 33
0.0%
5+ 31
-66.7%

Summary: The Port Matilda 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 remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Matilda, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Port Matilda in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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

Oct 2023Oct 2024CHANGE
89 Days10 Days-88.8%

Summary: Homes in Port Matilda had an average of 10 days on market in Oct 2024, down by 88.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Port Matilda; 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.

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

Report Updated 20 Days Ago

Newest Listings in Port Matilda, PA

Nearby Markets to Port Matilda, PA