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📍 Portland, NY · Zillow ZHVI · July 2026

Average Home Price in
Portland, NY

Jamestown-Dunkirk-Fredonia, NY metro area · Chautauqua County County

Median Home Value
$182,399
↑ 5.6% year-over-year
vs. National Median
$410,000
Portland is 56% below
Est. Monthly Payment
$951/mo
20% down · 6.8% rate
Income Needed
$48K
gross annual (30% rule)
Median Home Value
$182,399
↑ 5.6% year-over-year
Down Payment (20%)$36,480
Monthly P&I$951/mo
With Taxes & Ins.~$1,208/mo
Income Needed$48,320/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Portland, NY

The median home value in Portland, NY is $182,399 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and up 4.6% from two years prior.

Compared to the U.S. national median of $410,000, homes in Portland are priced56% below average. Portland is part of the Jamestown-Dunkirk-Fredonia, NY metro area.

City Comparison

Portland vs. National Median

🏠 Portland
$182,399
National Median
$410,000

At $182,399, homes in Portland cost 56% 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
$36,480
on $182,399
Monthly P&I
$951/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,208/mo
incl. taxes & insurance
Income Needed
$48,320
gross annual (30% rule)
10% Down Option
$18,240
+ PMI applies
Loan Amount (20% dn)
$145,919
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, NY?
The median home value in Portland is $182,399 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Portland?
Over the past year, home values in Portland have increased by 5.6%.
How much do I need to earn to buy a home in Portland?
To comfortably afford the median home price of $182,399 with a 20% down payment ($36,480) at today's rates (6.8%), you'd need a gross annual income of approximately $48,320. 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 $182,399, homes in Portland are 56% below the national average.
What metro area is Portland part of?
Portland is part of the Jamestown-Dunkirk-Fredonia, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.