Photo: Dennisyerger84 · CC BY-SA 4.0497 homes sold in Portage in the last year, at a typical $292K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Portage homes are listed.
Every place Portage homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Portage.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 94% of Portage’s sales, at a typical $293K
497 homes sold in the year to May 2026.
typical sale · 466 sold in 12 months
- Per square foot
- $168IN $148
- Days to sell
- 39
- Sold over asking
- 26%
- Listings with a price cut
- 31%
Multi-family (2–4 units): 11 sold, typical $246K
Townhouses: 16 sold, typical $315K
Condos: 4 sold, typical $331K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
497 sales in the last year, against 560 in 2020 and a low of 309 in 2012. The typical sale went from $139K in 2016 to $292K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Portage
Check a listing against what Portage homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Portage are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of Portage’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 497 sales.
If you’re buying in Portage
- Shop in March. It brings about 47 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
- Bid near asking. Buyers paid 98.8% of the list price on average; 25% paid over.
- You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 39 days.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 59 a month), and the most competition: 33% close over asking. March offers nearly as much choice with fewer homes bid up (22%). February has the least competition (17%) but only about 33 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Indiana
| Portage now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 22% | 44% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 41% | 1% | 10% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | — | 17% | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 98.8% | 98.3% | 100.8% | 97.7% |
| Days to sellMedian days from listing to contract | 39 | 69 | 50 | 35 |
108 homes for sale on a typical day
That’s 1.8 times the 2022 low (62), 26% fewer than in 2017–19 and well under 2015’s 208.
1 in 3 listings has cut its price
30% in the last year, against — in 2017–19 and 33% across Indiana.
Houses and condos, year by year
A house typically sold for $293K in the last year (466 sales), a condo for $331K (4).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Portage ranks 13th of 132 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Portage is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Portage home costs about $1,724 a month
Price: Portage’s typical sale, last 12 months. Property tax at Portage’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Portage is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 25.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $292K home, about $2,410 a year.
Taxes vs. neighborsSchools
The schools grade for Portage, from test results, graduation and how much students grow.
Schools in PortageCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Lake Station, South Haven and New Chicago sell for less a square foot; Ogden Dunes for far more
The busier markets within 25 miles of Portage, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Portage | 497 | $292K | $169 | 25% | 39 |
| Lake Station | 147 | $176K | $140 | 28% | 35 |
| South Haven | 76 | $230K | $160 | 22% | 38 |
| Porter | 64 | $303K | $173 | 25% | 36 |
| New Chicago | 28 | $180K | $159 | 18% | 31 |
| Burns Harbor | 26 | $341K | $204 | 15% | 76 |
| Ogden Dunes | 25 | $567K | $214 | 16% | 90 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Portage, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Portage. People who follow the town see it, and so do people comparing Portage with their own town. No commission, no listing fee.
Questions about buying a home in Portage
What do homes sell for in Portage, IN?
497 homes sold in the year to May 2026 at a typical $292K, $169 a square foot.
Is Portage a buyer’s or seller’s market?
A seller’s market: 82 homes were for sale in May 2026 and 53 sold, about 1.5 months of supply. Buyers paid 98.8% of asking on average, and 30% of listings cut their price.
When is the best time to buy in Portage?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Portage?
About 0.8% of a home’s value a year. On a $292K home that’s near $2,410.
Where can I see homes for sale in Portage?
Zillow, Redfin, Realtor.com and Homes.com all carry Portage’s MLS listings; the search links above open each one filtered to Portage.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).