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Featured local agent — Portland, CT
Sarah Mitchell
Compass Real Estate · Portland, CT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Portland, CT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$365,000median sale price
How is the Portland, CT housing market right now?
The median home sale price in Portland, CT is $365,000, down 9.9% year-over-year. Homes sell in an average of 8 days with 12 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Portland a buyer's or seller's market?
Portland, CT is currently a seller's market, based on 4.0 months of supply and homes selling in about 8 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
8
Fast-moving
Active listings
12
4.0 months supply
Sale-to-list
109.4%
Above asking
What does the Portland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $365,000 |
| Median list price | $419,900 |
| Year-over-year price change | -9.9% |
| Average days on market | 8 days |
| Active inventory | 12 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 109.4% |
| Median price per sq ft | $323/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 13 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Portland by property type?
How the Portland, CT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $365,000 | $323/sq ft | 3 | 8 days |
| Condo / Co-op | $340,500 | $214/sq ft | 2 | 15 days |
Source: Redfin · Updated monthly
The Portland housing market is currently classified as a seller's market with a median sale price of $365,000. Prices have fallen 9.9% compared to last year, with homes spending an average of 8 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Portland
There are currently 12 homes listed for sale in Portland, Connecticut. The median listing price is $420K.
Active listings
12
Homes on market
Median list price
$420K
Avg. days on market
8
Days until sale
New this week
13
Newly listed
Who lives in Portland?
Population
5,970
Median income
$91,522/yr
Median age
40.9 years
Owner-occupied
75.1%
College grads
41.4%
Avg commute
30.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Portland?
Zillow home value
$414,042
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Portland?
Portland is a community of approximately 6K residents with a median age of 40.9 years.The median household income is $91,522, which reflects a relatively affluent area with strong earning potential. 41.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 75.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Portland offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Portland?
5 schools tracked · 1,223 students
The largest public schools serving Portland, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Portland High School
Grades 9-12 · 305 students
Gildersleeve School
Grades 2-4 · 269 students
Valley View School
Grades PK-1 · 228 students
Portland Middle School
Grades 7-8 · 211 students
Brownstone Intermediate School
Grades 5-6 · 210 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Portland, CT?
Want a head-to-head view? Compare Portland side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Portland?
The median home sale price in Portland is $365,000, down 9.9% from last year.
How long do homes stay on market in Portland?
Homes typically spend 8 days on market before going under contract.
What is the median income in Portland?
The median household income is $91,522 per year.
Is Portland a buyer's or seller's market?
With 4.0 months of supply, Portland is currently a seller's market.
What is the Zillow home value estimate for Portland?
The Zillow Home Value Index (ZHVI) for Portland is $414,042, representing the typical home value in the area.
What is the median condo price in Portland?
The median condo/co-op sale price in Portland, CT is $340,500, compared to $365,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Portland?
The median single-family home price in Portland, CT is $365,000 (about $323 per square foot).
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