Is Port Carbon, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Carbon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Port Carbon has remained a Seller's Market.

Key Takeaway

Port Carbon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Port Carbon, PA

How much do homes in Port Carbon, PA cost?

Median Sold Price

$115,000

$83/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$60,000(-34.3%)

Key Takeaway

Homes in Port Carbon have sold for 34.3% less than they did a month ago.

Summary: The median home sold price in Port Carbon was $115,000 in May 2024, down 34.3% from last month, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $175K$115K
-34.3%
4 --
N/A
5+ --
N/A

Summary: Port Carbon housing prices by bedroom type for May 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 34.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Port Carbon, PA

How many homes are available in Port Carbon, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
440.0%

Summary: The Port Carbon real estate market had 4 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Port Carbon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 Port Carbon, 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 Port Carbon in May 2024, up by 100.0% 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 Port Carbon, PA

How long does it take to sell a home in Port Carbon, PA?

Average Sale Time

Apr 2024May 2024CHANGE
5 Days56 Days+1020.0%

Summary: Homes in Port Carbon had an average of 56 days on market in May 2024, up by 1020% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Port Carbon has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Port Carbon; 0% of homes were sold within 30 days, 100% 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 1 Day Ago

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