Is Portage, MI 49002 a buyer’s or seller’s market?
Portage is a seller’s market. With about 1.5 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.5Under 4 months = seller’s market
Sold above original list20.9%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market10Listing to accepted offer
Median price per sq ft$174▼ −4.3% vs. last year
Run the numbers for 49002
Nearby markets
Augusta 49012Seller’s market $214 /sq ftClimax 49034Buyer’s market $180 /sq ftFulton 49052Seller’s market $117 /sq ftGalesburg 49053Seller’s market $195 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology