Housing in Portage, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$297,250

Median List Price

$284,900

Price Per Sq Ft

$167

Days on Market

33

Active Inventory

77

Months of Supply

2.0

Seller's market

Zillow Home Value

$283,749

ZHVI — January 2026

Zillow Rent Index

$1,688

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 13.2%List Price 17.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

18.4%

Off Market in 2 Weeks

41.8%

Sale-to-List Ratio

98.7%

Buyer's market

Sold Above Asking
18.4%
Under Contract in 2 Wks
41.8%
Listings with Price Drops
24.7%

Market Activity

Source: Redfin

Homes Sold

38

New Listings

49

Pending Sales

55

Homes Sold 2.6%New Listings 22.2%Pending 8.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$167

Median List $/SF

$175

Sale $/SF 0.6%List $/SF 1.7%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

$243,400

Median Rent

$1,120

Total Housing Units

21,701

Vacancy Rate

5.3%

Owner Occupied

68.0%

Renter Occupied

32.0%

Median Property Tax

$3,888

per year

Monthly Cost (w/ Mortgage)

$1,304

Housing Types

Single Family
73.3%
Multi-Family
25.8%
Mobile Home
0.9%

The current median sale price in Portage, MI is $297,250 according to Redfin data. Homes spend a median of 33 days on the market. 18.4% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $167. Zillow's observed rent index is $1,688/month. About 68.0% of housing units are owner-occupied. The median year homes were built is 1978. There are 21,701 total housing units.