Market Overview
Home Prices in Portage, WI
The median home value in Portage, WI is $298,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and up 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Portage are priced27% below average. Portage is part of the Madison, WI metro area.
Over the past five years, Portage home values have risen by approximately37.7%, reflecting strong long-term appreciation in this market.
Price History
Portage Home Price Trend
City Comparison
Portage vs. National Median
At $298,698, homes in Portage cost 27% 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
$59,740
on $298,698
Monthly P&I
$1,558/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,979/mo
incl. taxes & insurance
Income Needed
$79,160
gross annual (30% rule)
10% Down Option
$29,870
+ PMI applies
Loan Amount (20% dn)
$238,958
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, WI?
The median home value in Portage is $298,698 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Portage?
Over the past year, home values in Portage have increased by 3%. Over five years, prices have risen approximately 37.7%.
How much do I need to earn to buy a home in Portage?
To comfortably afford the median home price of $298,698 with a 20% down payment ($59,740) at today's rates (6.8%), you'd need a gross annual income of approximately $79,160. 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 $298,698, homes in Portage are 27% below the national average.
What metro area is Portage part of?
Portage is part of the Madison, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.