Portage, UT is an area with a high median housing value, with the median value in this region being $346,400. This shows that the real estate market in Portage is doing well and that homes in the area are highly sought after. The US House Median Value is also quite high at $338,100, indicating that Portage has strong potential for future growth. Moreover, the 1 year house appreciation rate in Portage is 12.27%, significantly higher than the US average of 8.27%. This means homes in Portage are increasing in value by a greater amount than those across the country as a whole, providing additional incentive to buy or invest here.
The median home cost in Portage (zip 84331) is $346,400. Home appreciation the last 10 years has been 152.9%. Home Appreciation in Portage (zip 84331) is up 19.2%.
Average Age of Homes
- The median age of Portage (zip 84331) real estate is 39 years old
The Rental Market in Portage (zip 84331)
- Renters make up 16.1% of the Portage (zip 84331) population
- 0.0% of houses and apartments in Portage (zip 84331), 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.