The housing market in Portage, UT is performing exceptionally well compared to the rest of the United States. The median value of homes in Portage is $303,600, significantly lower than the national average of $338,100. In addition to this low price point, home appreciation within the past year was 12.27%, a full 4% higher than the national average of 8.27%. This makes Portage an attractive region for buyers looking for affordable real estate and strong appreciation potential.
The median home cost in Portage is $303,600. Home appreciation the last 10 years has been 152.9%. Home Appreciation in Portage is up 19.2%.
Average Age of Homes
- The median age of Portage real estate is 43 years old
The Rental Market in Portage
- Renters make up 3.9% of the Portage population
- 0.0% of houses and apartments in Portage, 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.