Is Portage County, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Portage County has remained a Seller's Market.
Key Takeaway
Portage County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Portage County, WI
How much do homes in Portage County, WI cost?
Median Sold Price
$260,000
$158/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Portage County have sold for 6.1% more than they did a month ago.
Summary: The median home sold price in Portage County was $260,000 in March 2024, up 6.1% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.9K | $174K | +3.6% |
| 3 Bedrooms | $262.5K | $269.9K | +2.8% |
| 4 Bedrooms | $332K | $331.7K | -0.1% |
| 5+ Bedrooms | $590K | $360K | -39.0% |
Summary: Portage County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 39%.
Median Sold Price Compared To Nearby Counties
| Wood County | $171.5K | $215K | +25.4% |
| Portage County | $245K | $260K | +6.1% |
| Marathon County | $225K | $230K | +2.2% |
Housing Supply in Portage County, WI
How many homes are available in Portage County, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 132 | 141 | +6.8% |
Summary: The Portage County real estate market had 141 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 22 | +4.8% |
| 3 Bedrooms | 65 | 65 | 0.0% |
| 4 Bedrooms | 33 | 39 | +18.2% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Portage County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 34 | +25.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Portage County, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Portage County in March 2024, up by 25.9% month-over-month. Of the 34 sold homes, 41% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Portage County, WI
We’re sorry, we don't have information for this market at the moment
