Is Port Henry, NY 12974 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Port Henry is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.5Under 4 months = seller’s market
Sold above original list28.6%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$147▲ +26.4% vs. last year

The Port Henry housing market right now

In the three months ending August 31, 2026, 29% of homes in Port Henry, NY 12974 sold above their list price, the typical home went under contract in 35 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (160 days then) and the median sale price rose 31% to $229,801. Overall, Port Henry is more competitive than a year ago, so tougher for buyers.

Within Essex County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%.

Nearby, buyers who want less competition could look at Westport 12993 (0% sold over asking) or Moriah 12960 (0% sold over asking), while Keene Valley 12943 (100% sold over asking) and Wilmington 12997 (67% sold over asking) are even more competitive.

Nearby markets

Crown Point 12928Buyer’s market $224 /sq ftElizabethtown 12932Buyer’s market $255 /sq ftEssex 12936Seller’s market $236 /sq ftJay 12941Balanced $234 /sq ft Browse all markets →

Where Port Henry is

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Questions about Port Henry real estate

Is Port Henry a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Port Henry, NY 12974 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Port Henry?

The typical home went under contract in 35 days in the latest three months.

Do homes in Port Henry sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in Port Henry?

About 1.47% of a home’s value a year in Essex County, or roughly $5,880 on a $400,000 home.

What is the median home price in Port Henry?

The median sale price was $229,801 in the three months ending August 31, 2026, about $147 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology