$2,518 Closing Credit*
$212,000
1,440 SqFt
3 Beds
•2 Full Baths
#1990750, Mary Ramsey, Listing Office: EXP Realty, LLC
Is Portage, 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 has remained a Seller's Market.
Key Takeaway
Portage is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Portage, WI
How much do homes in Portage, WI cost?
Median Sold Price
$235,000
$172/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$65,000(-21.7%)
Key Takeaway
Homes in Portage have sold for 21.7% less than they did a month ago.
Summary: The median home sold price in Portage was $235,000 in November 2024, down 21.7% from last month, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $319.5K | $210K | -34.3% |
| 3 Bedrooms | $300K | $245K | -18.3% |
| 4 Bedrooms | $260K | $269.5K | +3.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Portage housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.3%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pacific | $372.4K | $334K | -10.3% |
| Portage | $300K | $235K | -21.7% |
Housing Supply in Portage, WI
How many homes are available in Portage, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 42 | -16.0% |
Summary: The Portage real estate market had 42 homes for sale in November 2024, a 16.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 25 | 21 | -16.0% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Portage housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Portage, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Portage in November 2024, down by 50.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Portage, WI
We’re sorry, we don't have information for this market at the moment
