Portland, CT is an attractive area for housing with a median value of $316,300. This is slightly lower than the US House Median Value of $338,100 yet higher than many other areas. Furthermore, the house 1 year appreciation in Portland is 10.61%, higher than the US 1 year House Appreciation of 8.27%. This makes Portland a great option for those looking to buy or invest in real estate.
The median home cost in Portland is $316,300. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Portland is up 13.4%.
Average Age of Homes
- The median age of Portland real estate is 58 years old
The Rental Market in Portland
- Renters make up 16.1% of the Portland population
- 1.3% of houses and apartments in Portland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.