Housing in Portland, TN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$303,000
Median List Price
$294,950
Price Per Sq Ft
$198
Days on Market
84
Active Inventory
89
Months of Supply
6.4
Buyer's market
Zillow Home Value
$325,015
ZHVI — January 2026
Zillow Rent Index
$1,450
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
14.3%
Off Market in 2 Weeks
23.8%
Sale-to-List Ratio
97.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
14
New Listings
17
Pending Sales
21
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$198
Median List $/SF
$222
Portland vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 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
$256,400
Median Rent
$1,100
Total Housing Units
5,190
Vacancy Rate
5.5%
Owner Occupied
63.5%
Renter Occupied
36.5%
Median Property Tax
$1,319
per year
Monthly Cost (w/ Mortgage)
$1,220
Housing Types
The current median sale price in Portland, TN is $303,000 according to Redfin data. Homes spend a median of 84 days on the market. 14.3% of homes sold above asking price. The market has 6.4 months of supply. The median price per square foot is $198. Zillow's observed rent index is $1,450/month. About 63.5% of housing units are owner-occupied. The median year homes were built is 1995. There are 5,190 total housing units.