$175,000
30.06 Acres
Land
#50301989, Francine Kitkowski, Listing Office: Assist 2 Sell Buyers & Sellers Realty, LLC
Is Porterfield, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Porterfield has remained a Seller's Market.
Key Takeaway
Porterfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Porterfield, WI
How much do homes in Porterfield, WI cost?
Median Sold Price
$227,500
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$27,450(-10.8%)
Key Takeaway
Homes in Porterfield have sold for 10.8% less than they did a year ago.
Summary: The median home sold price in Porterfield was $227,500 in November 2024, down 10.8% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $134K | $267.5K | +99.6% |
| 3 Bedrooms | $307.5K | $203.5K | -33.8% |
| 4 Bedrooms | $263.8K | $260K | -1.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Porterfield 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 99.6%, 3 bedroom homes decreased by 33.8%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Menominee | $145K | $160K | +10.3% |
| Menominee Township | $149K | $162.3K | +9.0% |
| Marinette | $154.9K | $163.8K | +5.7% |
| Porterfield | $254.9K | $227.5K | -10.8% |
Housing Supply in Porterfield, WI
How many homes are available in Porterfield, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Porterfield real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 3 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Porterfield 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Porterfield, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Porterfield in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Porterfield, WI
We’re sorry, we don't have information for this market at the moment
