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Foreclosure Homes in Portage, MI

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Portage, MI Foreclosures

How much do homes sell for in Portage, MI?
The average home price is currently $327,866.
In Portage, MI, how many homes are available?
There are currently 63 active home listings available in Portage.
What’s the average rental cost in Portage, MI?
The average rental price in Portage is $1,575.
What is the most expensive home in Portage?
The most expensive home sold in Portage had a price of $2,810,704.
What is currently the cheapest priced home in Portage, MI?
The cheapest home for sale in Portage is priced at $19,199.

Living in Portage, MI

Portage, MI is a suburban city known for its excellent schools, beautiful parks, and vibrant community life. With ample recreational activities and access to urban amenities in nearby Kalamazoo, Portage offers a perfect balance for families and individuals. The city’s events and well-maintained public spaces make it an attractive location for homebuyers.

Current Market Conditions in Portage, MI

The current real estate market in Portage is dynamic, with a steady demand for residential properties. Home prices have been experiencing gradual growth, reflecting a broader trend in the Kalamazoo metropolitan area. The low inventory of homes available on the market has led to increased competition among buyers, making this a favorable time for sellers.

Home Value Estimator For Portage, MI

There are currently 16,060 real estate properties in Portage, MI, with a median automated valuation model (AVM) price of $288,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portage, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Portage, MI, is $327,866.00, with the most expensive house in Portage, MI, topping out at $2,810,704.00 and the cheapest home in Portage, MI, clocking in at $19,199.00. In other words, there’s something for every potential homebuyer or savvy investor in Portage, MI!

Rent Prices In Portage, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portage, MI, is on a rollercoaster ride. The average rent price in Portage, MI, is $1,575.00. Indeed, when looking to rent in Portage, MI, you can expect to pay as little as $550.00 or as much as $3,340.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Portage, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Portage, MI Foreclosures

Market Trend for Portage, MI

Total Listings Available: 63

Market Values:

Home Prices from $19,199 to $2,810,704

Average Sales Price: $327,866

Rental Values:

Rental from $550 to $3,340

Average Rent Value: $1,575 / month

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