Market Overview
Home Prices in Portland, CT
The median home value in Portland, CT is $422,793 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Portland are priced3% above average. Portland is part of the Hartford-East Hartford-Middletown, CT metro area.
Over the past five years, Portland home values have risen by approximately37.0%, reflecting strong long-term appreciation in this market.
Price History
Portland Home Price Trend
City Comparison
Portland vs. National Median
At $422,793, homes in Portland cost 3% above the national median of $410,000. Buyers in Portland should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Portland?
20% Down Payment
$84,559
on $422,793
Monthly P&I
$2,205/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,800/mo
incl. taxes & insurance
Income Needed
$112,000
gross annual (30% rule)
10% Down Option
$42,279
+ PMI applies
Loan Amount (20% dn)
$338,234
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Portland, CT?
The median home value in Portland is $422,793 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Portland?
Over the past year, home values in Portland have increased by 2.8%. Over five years, prices have risen approximately 37.0%.
How much do I need to earn to buy a home in Portland?
To comfortably afford the median home price of $422,793 with a 20% down payment ($84,559) at today's rates (6.8%), you'd need a gross annual income of approximately $112,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Portland compare to the national average home price?
The national median home value is approximately $410,000. At $422,793, homes in Portland are 3% above the national average.
What metro area is Portland part of?
Portland is part of the Hartford-East Hartford-Middletown, CT metropolitan area. Home prices and market conditions can vary across the broader metro region.