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Featured local agent — Portage, IN
Sarah Mitchell
Compass Real Estate · Portage, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Portage, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$301,078median sale price
How is the Portage, IN housing market right now?
The median home sale price in Portage, IN is $301,078, up 3.5% year-over-year. Homes sell in an average of 21 days with 82 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 Portage a buyer's or seller's market?
Portage, IN is currently a seller's market, based on 1.5 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
53
Last 12 weeks
Days on market
21
Average pace
Active listings
82
1.5 months supply
Sale-to-list
99.9%
Below asking
What does the Portage housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $301,078 |
| Median list price | $287,700 |
| Year-over-year price change | +3.5% |
| Average days on market | 21 days |
| Active inventory | 82 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 99.9% |
| Median price per sq ft | $180/sq ft |
| Homes sold (latest month) | 53 |
| New listings (latest month) | 58 |
| Listings with a price cut | 29.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Portage by property type?
How the Portage, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $305,000 | $176/sq ft | 51 | 21 days |
| Condo / Co-op | $275,000 | $347/sq ft | 1 | 418 days |
| Townhouse | $300,047 | $196/sq ft | 2 | 81 days |
Source: Redfin · Updated monthly
The Portage housing market is currently classified as a seller's market with a median sale price of $301,078. Prices have risen 3.5% compared to last year, with homes spending an average of 21 days on market, indicating 1.5 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 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Portage
There are currently 82 homes listed for sale in Portage, Indiana. The median listing price is $288K.
Active listings
82
Homes on market
Median list price
$288K
Avg. days on market
21
Days until sale
New this week
58
Newly listed
Who lives in Portage?
Population
37,951
Median income
$72,833/yr
Median age
39 years
Owner-occupied
71.8%
College grads
16.0%
Avg commute
28.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Portage?
Zillow home value
$269,829
Zillow rent index
$1,512/mo
Price-to-rent ratio
14.9x
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Portage?
Portage is a community of approximately 38K residents with a median age of 39 years.The median household income is $72,833, which represents a working-class community with solid middle-income opportunities. 16.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Portage offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Portage?
10 schools tracked · 6,147 students
The largest public schools serving Portage, IN 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.
Portage High School
Grades 9-12 · 2,198 students
Willowcreek Middle School
Grades 6-8 · 931 students
William Fegely Middle School
Grades 6-8 · 613 students
Rowena Kyle Elementary School
Grades K-5 · 439 students
Wallace Aylesworth Elementary
Grades K-5 · 433 students
Central Elementary School
Grades K-5 · 419 students
Crisman Elementary School
Grades K-5 · 353 students
George L Myers Elementary School
Grades K-5 · 332 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 Portage, IN?
Want a head-to-head view? Compare Portage side-by-side with any other U.S. city using our market-comparison tool.
Is Portage a good real estate investment market?
For investors evaluating Portage, the price-to-rent ratio of 14.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 3.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Portage's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Portage's median home price.
Frequently asked questions
What is the average home price in Portage?
The median home sale price in Portage is $301,078, up 3.5% from last year.
How long do homes stay on market in Portage?
Homes typically spend 21 days on market before going under contract.
What is the median income in Portage?
The median household income is $72,833 per year.
Is Portage a buyer's or seller's market?
With 1.5 months of supply, Portage is currently a seller's market.
What is the Zillow home value estimate for Portage?
The Zillow Home Value Index (ZHVI) for Portage is $269,829, representing the typical home value in the area.
What is the median condo price in Portage?
The median condo/co-op sale price in Portage, IN is $275,000, compared to $305,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Portage?
The median single-family home price in Portage, IN is $305,000 (about $176 per square foot).
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