Is Portage, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Portage has remained a Seller's Market.
Housing Prices in Portage, WI
How much do homes in Portage, WI cost?
Median Sold Price
$239,250
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Portage was $239,250 in May 2024, down 0.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $112.5K | N/A |
2 Bedrooms | $188.2K | $215K | +14.2% |
3 Bedrooms | $245K | $240K | -2.0% |
4 Bedrooms | $251K | $267.5K | +6.6% |
5+ Bedrooms | $51K | $264.5K | +418.6% |
Summary: Portage housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 418.6%.
Median Sold Price Compared To Nearby Cities
Pacific | $253K | $329K | +30.0% |
Portage | $240K | $239.2K | -0.3% |
Housing Supply in Portage, WI
How many homes are available in Portage, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 65 | +18.2% |
Summary: The Portage real estate market had 65 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 10 | 16 | +60.0% |
3 Bedrooms | 24 | 30 | +25.0% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Portage housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 21 | +40.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Portage in May 2024, up by 40.0% month-over-month. Of the 21 sold homes, 33% were sold under asking, 38% were sold at asking, and 29% were sold over asking.
Days on Market for Portage, WI
We’re sorry, we don't have information for this market at the moment