Housing in Portage, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$295,500

Median List Price

$339,900

Price Per Sq Ft

$155

Days on Market

84

Active Inventory

89

Months of Supply

2.8

Seller's market

Zillow Home Value

$256,972

ZHVI — January 2026

Zillow Rent Index

$1,437

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 21.1%List Price 12.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.6%

Off Market in 2 Weeks

14.6%

Sale-to-List Ratio

98.9%

Buyer's market

Sold Above Asking
15.6%
Under Contract in 2 Wks
14.6%
Listings with Price Drops
41.6%

Market Activity

Source: Redfin

Homes Sold

32

New Listings

34

Pending Sales

48

Homes Sold 15.8%New Listings 5.6%Pending 4.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$155

Median List $/SF

$171

Sale $/SF 6.6%List $/SF 10.3%Mar 24Jan 26

Portage vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Portage is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$210,800

Median Rent

$1,138

Total Housing Units

15,837

Vacancy Rate

5.6%

Owner Occupied

71.8%

Renter Occupied

28.2%

Median Property Tax

$1,719

per year

Monthly Cost (w/ Mortgage)

$1,192

Housing Types

Single Family
73.3%
Multi-Family
18.2%
Mobile Home
8.5%

The current median sale price in Portage, IN is $295,500 according to Redfin data. Homes spend a median of 84 days on the market. 15.6% of homes sold above asking price. The market has 2.8 months of supply. The median price per square foot is $155. Zillow's observed rent index is $1,437/month. About 71.8% of housing units are owner-occupied. The median year homes were built is 1979. There are 15,837 total housing units.