Is Portage County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Portage County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Portage County has remained a Seller's Market.

Key Takeaway

Portage County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Portage County, WI

How much do homes in Portage County, WI cost?

Median Sold Price

$277,000

$146/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$13,000(-4.5%)

Key Takeaway

Homes in Portage County have sold for 4.5% less than they did a month ago.

Summary: The median home sold price in Portage County was $277,000 in October 2024, down 4.5% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $205.4K$219.9K
+7.1%
3 $297.5K$262.5K
-11.8%
4 $225K$395K
+75.6%
5+ $450K$288.6K
-35.8%

Summary: Portage County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 75.6%, and 5+ bedroom homes decreased by 35.8%.

Median Sold Price Compared To Nearby Counties

Marathon County
+11.9%
Wood County
+1.2%
Portage County
-4.5%

Housing Supply in Portage County, WI

How many homes are available in Portage County, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
176185+5.1%

Summary: The Portage County real estate market had 185 homes for sale in October 2024, a 5.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 2027
+35.0%
3 97100
+3.1%
4 4041
+2.5%
5+ 1916
-15.8%

Summary: The Portage County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 35%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 15.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4349+14.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Portage County, you could pay more than the asking price. 44.9% of homes here sold above asking price last month.

Summary: A total of 49 homes were sold or pending in Portage County in October 2024, up by 14.0% month-over-month. Of the 49 sold homes, 39% were sold under asking, 16% were sold at asking, and 45% were sold over asking.

Days on Market for Portage County, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Portage County, WI

Nearby Markets to Portage County, WI

What housing markets are near Portage County, WI?