Market Overview
Home Prices in Portage, ME
The median home value in Portage, ME is $211,709 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Portage are priced48% below average.
Price History
Portage Home Price Trend
2024
$212,486
$212K
—
2025
$218,364
$218K
+2.8%
2026
$211,709
$212K
-3.0%
City Comparison
Portage vs. National Median
🏠 Portage
$211,709
National Median
$410,000
At $211,709, homes in Portage cost 48% below the national median of $410,000. This makes Portage a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Portage?
20% Down Payment
$42,342
on $211,709
Monthly P&I
$1,104/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,402/mo
incl. taxes & insurance
Income Needed
$56,080
gross annual (30% rule)
10% Down Option
$21,171
+ PMI applies
Loan Amount (20% dn)
$169,367
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 Portage, ME?
The median home value in Portage is $211,709 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3% year-over-year.
How much have home prices changed in Portage?
Over the past year, home values in Portage have decreased by 3%.
How much do I need to earn to buy a home in Portage?
To comfortably afford the median home price of $211,709 with a 20% down payment ($42,342) at today's rates (6.8%), you'd need a gross annual income of approximately $56,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Portage compare to the national average home price?
The national median home value is approximately $410,000. At $211,709, homes in Portage are 48% below the national average.