Portage Real Estate
87 active listings · 705 sold in the past 12mo
$395,500
Median List Price
705
Sold (past 12mo)
54
Avg Days on Market
+8.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(87)
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For Sale
1/89
$1,399,125
4010 Hollow Wood Drive, Portage, MI 49024
6 bd6 ba4,960 sqft0.57 ac
Single Family
For Sale
1/90
$870,000
8811 Waruf Avenue, Portage, MI 49002
4 bd3 ba3,020 sqft0.21 ac
Single Family
For Sale
1/43
$849,000
9820 Windflower Lane, Portage, MI 49024
4 bd3 ba3,286 sqft0.32 ac
Single Family
For Sale
1/54
$780,000
6815 Oleander Lane, Portage, MI 49024
5 bd4 ba5,244 sqft0.53 ac
Single Family
For Sale
1/53
$749,000
1415 Holiday Lane, Portage, MI 49024
4 bd4 ba5,851 sqft3.33 ac
Single Family
For Sale
1/27
$745,000
9959 Honey Creek Trail, Portage, MI 49024
3 bd3 ba2,255 sqft0.70 ac
Single Family
For Sale
1/37
$740,000
9953 Honey Creek Trail, Portage, MI 49024
3 bd3 ba2,175 sqft0.53 ac
Single Family
For Sale
1/18
$735,600
10565 Pierport Drive, Portage, MI 49024
4 bd3 ba2,501 sqft0.34 ac
Single Family
For Sale
1/3
$720,000
3624 E Shore Drive, Portage, MI 49002
3 bd2 ba2,080 sqft0.28 ac
Single Family
For Sale
1/53
$694,000
10597 Sharon Lee Lane 88, Portage, MI 49024
3 bd3 ba3,181 sqft0.07 ac
Condo
For Sale
1/50
$690,000
6200 Mcgillicuddy Lane, Portage, MI 49024
5 bd4 ba3,480 sqft0.45 ac
Single Family
For Sale
1/26
$675,000
9525 Woodlawn Drive, Portage, MI 49002
2 bd2 ba1,320 sqft0.20 ac
Single Family
For Sale
1/41
$675,000
2612 Ashford Trail, Portage, MI 49024
4 bd3 ba2,431 sqft0.30 ac
Single Family
For Sale
1/37
$675,000
9941 Honey Creek Trail, Portage, MI 49024
4 bd3 ba2,431 sqft0.54 ac
Single Family
For Sale
1/52
$675,000
7376 Dunross Drive, Portage, MI 49024
4 bd4 ba3,946 sqft0.38 ac
Single Family
For Sale
1/42
$674,900
10545 Sharon Lee Lane, Portage, MI 49024
2 bd2 ba2,058 sqft
Condo
For Sale
1/39
$650,000
8888 Oakland Hills Circle, Portage, MI 49024
3 bd4 ba3,524 sqft
Condo
For Sale
1/62
$625,000
3786 Fleetwood Drive, Portage, MI 49024
4 bd4 ba3,567 sqft0.38 ac
Single Family
For Sale
1/37
$599,000
2685 Ashford Trail, Portage, MI 49024
4 bd3 ba2,415 sqft0.30 ac
Single Family
For Sale
1/40
$597,000
824 Forest Drive, Portage, MI 49002
3 bd4 ba2,440 sqft0.37 ac
Single Family
For Sale
1/34
$574,900
721 Briella Court, Portage, MI 49024
2 bd2 ba1,659 sqft
Condo
For Sale
1/61
$549,900
880 Ludington Avenue, Portage, MI 49002
5 bd4 ba3,696 sqft0.36 ac
Single Family
For Sale
1/35
$524,000
735 Briella Court, Portage, MI 49024
2 bd2 ba1,493 sqft
Condo
For Sale
1/41
$515,000
9944 Mariner Street, Portage, MI 49002
4 bd3 ba2,173 sqft0.28 ac
Single Family
Recently Sold(705)
Frequently Asked Questions about Portage
Are there homes available in Portage right now?
Portage currently has 87 homes listed for sale. The median asking price is $395,500.
What is the median home price in Portage?
Homes in Portage sell for a median of $395,500, drawn from 705 transactions over the past year.
How fast do homes sell in Portage?
The average days on market in Portage is 54, based on 705 recent transactions.
What school districts serve Portage?
Portage is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Portage may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Portage a buyer's or seller's market?
With 1.5 months of inventory, Portage is currently a seller's market. This is based on 87 active listings and 705 sales in the past 12 months.
How are property taxes calculated in Portage?
Michigan property taxes in Portage are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Portage?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Portage is +8.3%. Shrinking household sizes (from 2.42 to 2.38 persons per household) have increased the number of households needing housing by 1,587 since 2009 — independent of the 6.6% population growth. This is a secondary demographic indicator, not a primary market measure.