Portland, MI Housing Market

$273,822

3.5% 1-yr

The average Portland, MI home value is $273,822, up 3.5% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Portland Key Takeaways

Typical Home Values: $273,822

1-year Value Change: +3.5%

(Data through January 31, 2026)

Portland Housing Market Overview

--1-year Market Forecast

15For sale inventory(January 31, 2026)

--New listings(January 31, 2026)

--Median sale to list ratio

--Median sale price(December 31, 2025)

--Median list price(January 31, 2026)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Portland

NameMedian ZHVI
Waverly$255,673
Palo--
River Forest$187,932
Edgemont Park$191,242
Shady Oak$128,740
Basset Park$92,665
Old Oakland$106,261
Lansing-Eaton$152,303
Lady Hill$165,625

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Portland Rental Market Trends

--Average rent in Portland(January 31, 2026)

$1,895National average rent(January 31, 2026)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.