Home Values, Real Estate, Week in Review

Portage Indiana Real Estate Recap May 12 2011

May 12, 2011 by · Leave a Comment 

Buying a home or selling a home in the Portage Indiana real estate market? One of the things to look at is the price per square feet of other comparable homes in your market. 

The current price per square foot in Portage Indiana is $92.00. With this information buyers in the Portage Indiana real estate market can determine what size home they can afford.

For example, for those looking at a 3 bedroom home with 2 bathrooms, you can determine the approximate square footage based on the size of the rooms you are looking at. If the bedrooms are larger size then the square footage of the home may be larger as well.

If we look at the median square footage of 1778 and accompany this with the median price per square foot of $92.00, we can determine that the approximate price of the home would be in the range of $163,576.

At this week’s median price of $151,900 you can expect:

  • 3 Bedrooms
  • 2 Bathrooms
  • .25 – .50 acres
  • 1,778 square footage

Portage Indiana Real Estate Week At A Glance:

  • 9 New Listings  
  • 12 Sold Listings 
  • 228 Homes Listed
  • 220 Average Days on Market 

This is Portage Indiana Real Estate Recap May 12 2011

Do you or someone you know want to buy a home and/or sell a home in Portage Indiana?

Call or text 219-649-1296 or email me (jim@jimsimshomes.com) to help you get started!

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Jim Sims

Jim Sims is a licensed Realtor with McColly Real Estate. With a Bachelor Degree in Marketing and Management Information Systems from Purdue University Calumet, he loves to leverage the best of today's technology to achieve his clients real estate goals. While Jim facilitates real estate needs throughout Northwest Indiana, he specializes in the Northern Porter County communities of Burns Harbor, Chesterton, Portage and Porter Indiana. Learn more about Jim and visit www.JimSimsHomes.com.

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