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Housing in Portage

675 homes sold in Portage in the last year, at a typical $317K

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.

Homes sold
675
June 2025 to May 2026
Typical sale price
$317K
houses $317K · condos $319K
Price per square foot
$174
Michigan $172
Paid vs. asking
98.9%
23% sold over asking
For sale now
76
May 2026 · 60 sold that month
What sold · last 12 months

15% of Portage’s sales are condos, at $3K more than a house

569 houses and 99 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$317K

typical sale · 569 sold in 12 months

Per square foot
$173MI $172
Days to sell
15
Sold over asking
26%
Listings with a price cut
37%
Condos$319K

typical sale · 99 sold in 12 months

Per square foot
$190MI $190
Days to sell
23
Sold over asking
5%
Listings with a price cut
21%
Fewer sales

Multi-family (2–4 units): 7 sold, typical $341K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

675 sales in the last year, against 818 in 2018 and a low of 510 in 2012. The typical sale went from $161K in 2016 to $317K.

Homes soldTypical sale price
0212425637850$175K$250K$325K$400K2012: 510 sold, typical $134K’122013: 616 sold, typical $143K2014: 624 sold, typical $145K’142015: 708 sold, typical $151K2016: 791 sold, typical $161K’162017: 809 sold, typical $173K2018: 818 sold, typical $186K’182019: 804 sold, typical $200K2020: 802 sold, typical $219K’202021: 810 sold, typical $258K2022: 662 sold, typical $274K’222023: 592 sold, typical $277K2024: 641 sold, typical $288K’242025: 675 sold, typical $308KLast 12 months: 675 sold, typical $317KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Portage

Houseat $173 a sq ft
Condoat $190 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

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.

What the sales history says · 14 years of sales

Bidding wars in Portage are back to pre-pandemic levels, but 21% 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, 675 sales.

If you’re buying in Portage

  • Shop in March. It brings about 75 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
  • Some room to negotiate. 34% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 98.9% of the list price on average; 23% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 88 a month), but June is the most competitive: 37% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (27%). February has the least competition (19%) but only about 44 new listings.

New listings a monthShare sold over asking
022.54567.59013%27%40%Sweet spotJan: 42 new listings a month, 23% sold over asking, 37 days to sellJFeb: 44 new listings a month, 19% sold over asking, 44 days to sellFMar: 75 new listings a month, 27% sold over asking, 34 days to sellMApr: 72 new listings a month, 35% sold over asking, 26 days to sellAMay: 88 new listings a month, 36% sold over asking, 21 days to sellMJun: 86 new listings a month, 37% sold over asking, 17 days to sellJJul: 85 new listings a month, 37% sold over asking, 19 days to sellJAug: 79 new listings a month, 30% sold over asking, 21 days to sellASep: 66 new listings a month, 30% sold over asking, 18 days to sellSOct: 64 new listings a month, 26% sold over asking, 26 days to sellONov: 46 new listings a month, 24% sold over asking, 23 days to sellNDec: 27 new listings a month, 28% sold over asking, 29 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Michigan

Portage now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price23%27%48%31%
Gone within two weeksShare of homes under contract within 14 days51%20%41%43%
Listings with a price cutShare of homes for sale that cut their price34%35%32%28%
Price paid vs. askingAverage sale price ÷ list price98.9%98.9%101.4%98.4%
Days to sellMedian days from listing to contract15241033
Supply

95 homes for sale on a typical day

That’s 1.8 times the 2022 low (53), 21% fewer than in 2017–19 and well under 2015’s 217.

2012: 208 for sale’122013: 195 for sale2014: 198 for sale2015: 217 for sale’152016: 138 for sale2017: 125 for sale2018: 112 for sale’182019: 121 for sale2020: 98 for sale2021: 60 for sale’212022: 53 for sale2023: 57 for sale2024: 77 for sale’242025: 93 for saleLast 12 months: 95 for saleNow
Room to negotiate

1 in 3 listings has cut its price

34% in the last year, against 35% in 2017–19 and 28% across Michigan.

2015: 28%’152016: 31%2017: 34%2018: 35%’182019: 35%2020: 26%2021: 32%’212022: 36%2023: 36%2024: 39%’242025: 35%Last 12 months: 34%Now
Prices by type

Since 2019, houses are up 58%, condos 64%

A house typically sold for $317K in the last year (569 sales), a condo for $319K (99).

$175K$250K$325K$400K2013201520172019202120232025NowHouses 2013: $145K, 525 salesHouses 2014: $143K, 524 salesHouses 2015: $152K, 595 salesHouses 2016: $159K, 680 salesHouses 2017: $170K, 696 salesHouses 2018: $186K, 716 salesHouses 2019: $201K, 680 salesHouses 2020: $212K, 688 salesHouses 2021: $260K, 681 salesHouses 2022: $277K, 570 salesHouses 2023: $281K, 489 salesHouses 2024: $287K, 564 salesHouses 2025: $309K, 564 salesHouses last 12 months: $317K, 569 salesHouses $317KCondos 2013: $157K, 90 salesCondos 2014: $141K, 91 salesCondos 2015: $152K, 111 salesCondos 2016: $164K, 102 salesCondos 2017: $210K, 110 salesCondos 2018: $193K, 98 salesCondos 2019: $195K, 116 salesCondos 2020: $252K, 109 salesCondos 2021: $279K, 122 salesCondos 2022: $295K, 85 salesCondos 2023: $278K, 98 salesCondos 2024: $293K, 76 salesCondos 2025: $309K, 102 salesCondos last 12 months: $319K, 99 salesCondos $319K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Michigan

Portage ranks 170th of 194 busy Michigan 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 calmer 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.

Rent or buy?

Owning the typical Portage home costs about $2,065 a month

Mortgage
Property tax
Insurance
Rent

Price: Portage’s typical sale, last 12 months. Property tax at Portage’s 1.6% (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.

Before you buy in Portage

Six things worth knowing

88

New listings in May

The month with the most choice. December has the fewest, about 27.

Best time to buy
1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $317K home, about $4,930 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Portage, from test results, graduation and how much students grow.

Schools in Portage
20 min

Typical commute

The average one-way trip to work for people who live in Portage.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Kalamazoo, Vicksburg, Schoolcraft Township, Westwood, Eastwood and Parchment sell for less a square foot

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.

SoldTypical sale$/sq ftOver askingDays to sell
Kalamazoo724$200K$14928%20
Portage675$317K$17423%15
Westwood133$239K$16941%17
Eastwood95$171K$15226%21
Vicksburg61$286K$15926%52
Parchment33$225K$15724%447
Schoolcraft Township27$226K$15337%40

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.

Selling, or renting out?

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, MI?

675 homes sold in the year to May 2026 at a typical $317K, $174 a square foot. Houses sold for about $317K, condos for about $319K.

Is Portage a buyer’s or seller’s market?

A seller’s market: 76 homes were for sale in May 2026 and 60 sold, about 1.3 months of supply. Buyers paid 98.9% of asking on average, and 34% of listings cut their price.

When is the best time to buy in Portage?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Portage?

About 1.6% of a home’s value a year. On a $317K home that’s near $4,930.

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).