Portage, MI Foreclosures
How much do homes sell for in Portage, MI?
The average home price is currently $340,217.
In Portage, MI, how many homes are available?
There are currently 6 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 $11,241,174.
What is currently the cheapest priced home in Portage, MI?
The cheapest home for sale in Portage is priced at $10,969.
Living in Portage, MI
Portage, Michigan, is a dynamic city offering a suburban lifestyle with plenty of amenities. With a strong focus on community, outdoor activities, and quality education, Portage provides an ideal residence for families and outdoor enthusiasts alike. The blend of urban conveniences and natural beauty ensures that residents enjoy a high quality of life.
Current Market Conditions in Portage, MI
Portage's real estate market has seen steady growth over the past year, with home values steadily increasing as more families seek residence in this vibrant community. The market is characterized by a variety of housing options, including single-family homes, townhouses, and condos, attracting a mix of buyers from first-time homeowners to retirees.
The past month has shown a slight increase in demand for homes in Portage, leading to a competitive market. Many homes are receiving multiple offers, often above the asking price, highlighting the attractiveness of the area for homebuyers.
Home Value Estimator For Portage, MI
There are currently 17,284 real estate properties
in Portage, MI,
with a median automated valuation model (AVM) price
of $293,738.00. 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 $340,217.00, with the most expensive house
in Portage, MI, topping out
at $11,241,174.00 and the cheapest home
in Portage, MI,
clocking in at $10,969.00. 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.
Learn more on Foreclosure homes
