Housing in Portland, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$342,000

Median List Price

$219,900

Price Per Sq Ft

$211

Days on Market

34

Active Inventory

11

Months of Supply

11.0

Buyer's market

Zillow Home Value

$273,822

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 38.6%List Price 10.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

14.3%

Sale-to-List Ratio

98.0%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
14.3%
Listings with Price Drops
27.3%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

5

Pending Sales

7

Homes Sold 80.0%New Listings 16.7%Pending 40.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$211

Median List $/SF

$163

Sale $/SF 49.6%List $/SF 37.0%Mar 24Jan 26

Portland vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Portland 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

$165,000

Median Rent

$1,016

Total Housing Units

1,590

Vacancy Rate

0.0%

Owner Occupied

64.9%

Renter Occupied

35.1%

Median Property Tax

$2,369

per year

Monthly Cost (w/ Mortgage)

$812

Housing Types

Single Family
67.7%
Multi-Family
28.6%
Mobile Home
3.6%

The current median sale price in Portland, MI is $342,000 according to Redfin data. Homes spend a median of 34 days on the market. 0.0% of homes sold above asking price. The market has 11.0 months of supply. The median price per square foot is $211. The median rent is $1,016 per month (Census ACS). About 64.9% of housing units are owner-occupied. The median year homes were built is 1959. There are 1,590 total housing units.