Is Portville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Portville has remained a Seller's Market.
Key Takeaway
Portville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Portville, NY
How much do homes in Portville, NY cost?
Median Sold Price
$120,000
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Portville have sold for 9.8% less than they did a year ago.
Summary: The median home sold price in Portville was $120,000 in April 2024, down 9.8% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $81.7K | $129.3K | +58.4% |
| 3 Bedrooms | $125K | $107.5K | -14.0% |
| 4 Bedrooms | $200K | $164.9K | -17.5% |
| 5+ Bedrooms | $295.9K | $270.5K | -8.6% |
Summary: Portville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.4%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Portville | $133K | $120K | -9.8% |
| Portville | $134K | $120K | -10.4% |
Housing Supply in Portville, NY
How many homes are available in Portville, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Portville real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Portville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Portville, 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 Portville in April 2024, the same as the previous 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 Portville, NY
How long does it take to sell a home in Portville, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 44 Days | -9.7% |
Summary: Homes in Portville had an average of 44 days on market in Apr 2024, down by 9.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Portville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Portville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
