Portage, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Portage Neighborhoods Since 2000




Portage, WI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Portage Housing Market Information

With a population of 10,382, 3,935 total housing units (homes and apartments), and a median house value of $140,716, Portage real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Portage, accounting for 58.93% of the city's housing units. Other types of housing that are prevalent in Portage include large apartment complexes or high rise apartments ( 24.35%), duplexes, homes converted to apartments or other small apartment buildings ( 13.51%), and a few mobile homes or trailers ( 1.87%).

People in Portage primarily live in small (one, two or no bedroom) single-family detached homes. Portage has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Portage built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Portage built between 1940-1969 ( 27.60%). A lesser amount of the housing stock also hails from before 1939 ( 24.49%). There's also some housing in Portage built between 2000 and later ( 13.53%).

Portage Home Appreciation Rates

Portage's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Portage during the period has been just -0.92%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Portage's appreciation rate, at 4.91%, has been at or slightly above the national average. In the latest quarter, Portage's appreciation rate has been 1.02%, which annualizes to a rate of 4.15%.

Relative to Wisconsin, our data show that Portage's latest annual appreciation rate is higher than 60% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$140,716

Portage, WI HOME PRICES

Value Range
> $1,093,000 0.0
$819,001 - $1,093,000 0.0
$546,001 - $819,000 0.5
$437,001 - $546,000 0.5
$328,001 - $437,000 2.6
$219,001 - $328,000 11.2
$109,001 - $219,000 52.8
$54,001 - $109,000 25.7
$0 - $54,000 6.7

Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
54.4034923239189 78.0287474332649

Number Of Homes And Apartments:
3,935

Portage Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
25.28% 1.32% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$859 / per month

Homeownership Rate

Homeownership
Owners 46.66
Renters 53.34
Vacant 7.87

Housing Market Details

 

Age of Homes

AGE OF Portage HOMES
2000 or Newer 13.5
1970 - 1999 34.4
1940 - 1969 27.6
1939 or Older 24.5

Types of Homes

TYPE OF Portage HOMES
Single-Family 58.9
Townhomes 1.3
Small Apt. Buildings 13.5
Apt. Complexes 24.4
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Portage HOMES
No Bedroom 2.51
1 Bedroom 15.13
2 Bedrooms 34.54
3 Bedrooms 35.78
4 Bedrooms 9.27
5 or more bedrooms 2.79