$5,818 Closing Credit*
$489,900
2,743 SqFt
4 Beds
•3 Full Baths
#50301220, Jeff Narges, Listing Office: Resource One 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 October 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
$239,950
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$40,050(-14.3%)
Key Takeaway
Homes in Porterfield have sold for 14.3% less than they did a year ago.
Summary: The median home sold price in Porterfield was $239,950 in October 2024, down 14.3% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $134K | $258.7K | +93.1% |
| 3 Bedrooms | $307.5K | $214.2K | -30.3% |
| 4 Bedrooms | $263.8K | $260K | -1.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Porterfield 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 increased by 93.1%, 3 bedroom homes decreased by 30.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Menominee Township | $150K | $162K | +8.0% |
| Menominee | $149K | $159.9K | +7.3% |
| Marinette | $154.9K | $164.1K | +5.9% |
| Porterfield | $280K | $239.9K | -14.3% |
Housing Supply in Porterfield, WI
How many homes are available in Porterfield, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Porterfield real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Porterfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Porterfield, 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 Porterfield in October 2024, down by 50.0% 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 Porterfield, WI
We’re sorry, we don't have information for this market at the moment
