Zip 46368 (Portage, IN) Housing

The housing market in Portage, IN (46368) is very robust. According to recent data, the median value for housing in this location is $229,800, which is significantly less than the national median of $338,100. Despite being less expensive than the national average, the 1 year appreciation rate in this area is higher—9.67% compared to 8.27% nationally—suggesting that it is a promising real estate market for buyers and investors alike.

The median home cost in Portage (zip 46368) is $229,800. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Portage (zip 46368) is up 14.2%.

Average Age of Homes

- The median age of Portage (zip 46368) real estate is 39 years old

The Rental Market in Portage (zip 46368)

- Renters make up 23.2% of the Portage (zip 46368) population
- 1.4% of houses and apartments in Portage (zip 46368), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Portage, Indiana	United States
	16,364.0	139,647,020.0
	43	42
	$229,800	$338,100
	14.2%	16.6%
	54.9%	57.0%
	76.1%	101.1%
	$9.50	$10.98
	$1,582	$2,690
	66.4%	57.4%
	5.5%	11.2%
	28.1%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.4%	0.4%
	0.3%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	7.9%	2.6%
	3.5%	2.4%
	1.4%	2.8%
	1.1%	3.9%
	3.5%	4.5%
	20.8%	11.3%
	30.0%	13.0%
	22.5%	20.1%
	4.8%	13.6%
	1.7%	8.3%
	1.8%	9.7%
	0.4%	3.9%
	0.1%	2.2%
	0.5%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	14.4%	13.6%
	14.4%	13.6%
	15.7%	13.6%
	11.9%	13.2%
	19.7%	14.8%
	15.7%	13.6%
	12.5%	10.0%
	2.2%	4.7%
	3.7%	12.2%

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