Home Values, Market Overview, Real Estate, Week in Review

Portage Indiana Real Estate Recap May 19, 2011

May 19, 2011 by · Leave a Comment 

Portage Indiana Real Estate Recap May 19, 2011 by Jim SimsWhat price should a buyer in the Portage Indiana real estate market pay for a new home?

What price should a seller in the Portage Indiana real estate market sell their home at?

Both buyers and sellers in the Portage Indiana real estate market should be looking at the median listing price for these answers. The market is broken down into 4 quadrants which is broken down by the price accompanied with number of bedroom, bathrooms, square footage, etc.

For those selling a home or buying a home in the Portage Indiana real estate market, you will see the median list price of $150,900 comes with 3 bedrooms, 2 bathrooms, and around 1780 square feet.

As you can see in the chart, the house you are looking to purchase will increase in price by the amount of square feet it has along with the bedrooms and bathrooms offered.

At this week’s median price of $150,900 you can expect:

  • 3 Bedrooms
  • 2 Bathrooms
  • .25 – .50 acres
  • 1,780 square footage

Portage Indiana Real Estate Week At A Glance:

  • 12 New Listings
  • 11 Sold Listings 
  • 229 Homes Listed
  • 224 Average Days on Market

This is Portage Indiana Real Estate Recap May 19 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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