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Featured local agent — Portage Lakes, OH
Sarah Mitchell
Compass Real Estate · Portage Lakes, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Portage Lakes, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$219,950median sale price
How is the Portage Lakes, OH housing market right now?
The median home sale price in Portage Lakes, OH is $219,950, down 20.0% year-over-year. Homes sell in an average of 143 days with 18 active listings. The market is currently a buyer'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 Lakes a buyer's or seller's market?
Portage Lakes, OH is currently a buyer's market, based on 9.0 months of supply and homes selling in about 143 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
143
Average pace
Active listings
18
9.0 months supply
Sale-to-list
99.8%
Below asking
What does the Portage Lakes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $219,950 |
| Median list price | $233,850 |
| Year-over-year price change | -20.0% |
| Average days on market | 143 days |
| Active inventory | 18 listings |
| Months of supply | 9.0 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $198/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 12 |
| Listings with a price cut | 27.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Portage Lakes by property type?
How the Portage Lakes, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $219,950 | $198/sq ft | 2 | 143 days |
| Condo / Co-op | $176,000 | $150/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The Portage Lakes housing market is currently classified as a buyer's market with a median sale price of $219,950. Prices have fallen 20.0% compared to last year, with homes spending an average of 143 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Portage Lakes
There are currently 18 homes listed for sale in Portage Lakes, Ohio. The median listing price is $234K.
Active listings
18
Homes on market
Median list price
$234K
Avg. days on market
143
Days until sale
New this week
12
Newly listed
Who lives in Portage Lakes?
Population
6,199
Median income
$66,027/yr
Median age
49.8 years
Owner-occupied
65.8%
College grads
33.1%
Avg commute
20.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Portage Lakes?
Portage Lakes is a community of approximately 6K residents with a median age of 49.8 years.The median household income is $66,027, which represents a working-class community with solid middle-income opportunities. 33.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Portage Lakes offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Portage Lakes, OH?
Want a head-to-head view? Compare Portage Lakes side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Portage Lakes?
The median home sale price in Portage Lakes is $219,950, down 20.0% from last year.
How long do homes stay on market in Portage Lakes?
Homes typically spend 143 days on market before going under contract.
What is the median income in Portage Lakes?
The median household income is $66,027 per year.
Is Portage Lakes a buyer's or seller's market?
With 9.0 months of supply, Portage Lakes is currently a buyer's market.
What is the median condo price in Portage Lakes?
The median condo/co-op sale price in Portage Lakes, OH is $176,000, compared to $219,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Portage Lakes?
The median single-family home price in Portage Lakes, OH is $219,950 (about $198 per square foot).
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