Is Potter County, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Potter County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Potter County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Potter County, PA

How much do homes in Potter County, PA cost?

Median Sold Price

$180,000

$73/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$4,000(+2.3%)

Key Takeaway

Homes in Potter County have sold for 2.3% more than they did a month ago.

Summary: The median home sold price in Potter County was $180,000 in November 2024, up 2.3% from last month, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $124K$122.5K
-1.2%
4 $209.2K-
N/A
5+ -$390K
N/A

Summary: Potter County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Clinton County
+2.4%
Potter County
+2.3%
McKean County
-2.2%

Housing Supply in Potter County, PA

How many homes are available in Potter County, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2523-8.0%

Summary: The Potter County real estate market had 23 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 44
0.0%
3 1112
+9.1%
4 63
-50.0%
5+ 33
0.0%

Summary: The Potter County 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 9.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 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 Potter County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Potter County in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Potter County, PA

How long does it take to sell a home in Potter County, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
23 Days26 Days+12.7%

Summary: Homes in Potter County had an average of 26 days on market in Nov 2024, up by 12.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Potter County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Potter County; 67% of homes were sold within 30 days, 33% 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

Newest Listings in Potter County, PA

Nearby Markets to Potter County, PA

What housing markets are near Potter County, PA?