$6,827 Closing Credit*
$574,900
3,014 SqFt
5 Beds
•1 Full Bath, 1 Partial
#1989604, Brandon Buell, Listing Office: Realty Executives Cooper Spransy
Is Portage, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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
$251,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,000(+11.6%)
Key Takeaway
Homes in Portage have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Portage was $251,000 in October 2024, up 11.6% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $168K | +60.0% |
| 2 Bedrooms | $182.2K | $232.4K | +27.5% |
| 3 Bedrooms | $240K | $253.5K | +5.6% |
| 4 Bedrooms | $251K | $276.5K | +10.2% |
| 5+ Bedrooms | $197.4K | $396.2K | +100.7% |
Summary: Portage housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 100.7%.
Median Sold Price Compared To Nearby Cities
| Portage | $225K | $251K | +11.6% |
| Pacific | $325K | $327.4K | +0.8% |
Housing Supply in Portage, WI
How many homes are available in Portage, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 51 | -7.3% |
Summary: The Portage real estate market had 51 homes for sale in October 2024, a 7.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Portage housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Portage, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Portage in October 2024, down by 11.8% month-over-month. Of the 15 sold homes, 27% were sold under asking, 20% were sold at asking, and 53% were sold over asking.
Days on Market for Portage, WI
We’re sorry, we don't have information for this market at the moment
