Market Overview
Home Prices in Portland, IN
The median home value in Portland, IN is $170,814 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Portland are priced58% below average.
Over the past five years, Portland home values have risen by approximately29.2%, reflecting strong long-term appreciation in this market.
Price History
Portland Home Price Trend
2020
$114,523
$115K
—
2021
$132,164
$132K
+15.4%
2022
$150,592
$151K
+13.9%
2023
$156,895
$157K
+4.2%
2024
$161,894
$162K
+3.2%
2025
$169,097
$169K
+4.4%
2026
$170,814
$171K
+1.0%
City Comparison
Portland vs. National Median
🏠 Portland
$170,814
National Median
$410,000
At $170,814, homes in Portland cost 58% below the national median of $410,000. This makes Portland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Portland?
20% Down Payment
$34,163
on $170,814
Monthly P&I
$891/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,132/mo
incl. taxes & insurance
Income Needed
$45,280
gross annual (30% rule)
10% Down Option
$17,081
+ PMI applies
Loan Amount (20% dn)
$136,651
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, IN?
The median home value in Portland is $170,814 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Portland?
Over the past year, home values in Portland have increased by 1%. Over five years, prices have risen approximately 29.2%.
How much do I need to earn to buy a home in Portland?
To comfortably afford the median home price of $170,814 with a 20% down payment ($34,163) at today's rates (6.8%), you'd need a gross annual income of approximately $45,280. 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 $170,814, homes in Portland are 58% below the national average.